NWTN Inc. (NASDAQ:NWTNW) Sees Large Decrease in Short Interest

NWTN Inc. (NASDAQ:NWTNW) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 19,800 shares, a drop of 29.0% from the October 31st total of 27,900 shares. Based on an average daily trading volume, of 57,300 shares, the short-interest ratio is currently 0.3 days.

NWTN Stock Performance

NASDAQ:NWTNW traded up $0.00 during mid-day trading on Friday, hitting $0.05. The company’s stock had a trading volume of 17,697 shares, compared to its average volume of 44,639. NWTN has a fifty-two week low of $0.03 and a fifty-two week high of $0.22. The stock has a fifty day moving average of $0.05 and a 200-day moving average of $0.05.

About NWTN

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.