NWTN Inc. (NASDAQ:NWTN) Short Interest Update

NWTN Inc. (NASDAQ:NWTN) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 314,700 shares, a decline of 26.8% from the November 15th total of 430,100 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 421,500 shares, the days-to-cover ratio is presently 0.7 days.

NWTN Stock Down 0.9 %

NWTN stock traded down $0.01 during midday trading on Friday, hitting $1.05. 10,662 shares of the stock were exchanged, compared to its average volume of 161,501. NWTN has a 52-week low of $0.53 and a 52-week high of $8.74. The business’s 50-day moving average price is $0.99 and its 200-day moving average price is $1.16.

NWTN Company Profile

NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.