Innoviz Technologies Ltd. (NASDAQ:INVZW) Short Interest Up 338.9% in October

Innoviz Technologies Ltd. (NASDAQ:INVZW) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 7,900 shares, a growth of 338.9% from the October 15th total of 1,800 shares. Based on an average trading volume of 18,800 shares, the short-interest ratio is currently 0.4 days.

Innoviz Technologies Stock Performance

NASDAQ INVZW remained flat at $0.06 on Wednesday. The company’s stock had a trading volume of 981 shares, compared to its average volume of 20,794. The firm has a fifty day simple moving average of $0.11 and a two-hundred day simple moving average of $0.17. Innoviz Technologies has a one year low of $0.05 and a one year high of $0.75.

Innoviz Technologies Company Profile

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy.