Short Interest in Microvast Holdings, Inc. (NASDAQ:MVSTW) Expands By 1,882.4%

Microvast Holdings, Inc. (NASDAQ:MVSTW) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 214,100 shares, a growth of 1,882.4% from the December 31st total of 10,800 shares. Based on an average daily trading volume, of 213,800 shares, the days-to-cover ratio is presently 1.0 days.

Microvast Stock Performance

Shares of MVSTW stock traded up $0.01 on Tuesday, hitting $0.31. The stock had a trading volume of 63,481 shares, compared to its average volume of 144,058. Microvast has a one year low of $0.02 and a one year high of $0.54. The business has a 50 day moving average price of $0.27 and a 200 day moving average price of $0.11.

About Microvast

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.