Short Interest in Lotus Technology Inc. (NASDAQ:LOTWW) Declines By 23.1%

Lotus Technology Inc. (NASDAQ:LOTWW) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 11,300 shares, a decrease of 23.1% from the February 28th total of 14,700 shares. Based on an average daily volume of 14,500 shares, the short-interest ratio is currently 0.8 days.

Lotus Technology Stock Performance

Shares of LOTWW stock traded down $0.03 on Wednesday, hitting $0.09. The stock had a trading volume of 18,142 shares, compared to its average volume of 26,111. Lotus Technology has a one year low of $0.07 and a one year high of $1.45. The business has a 50 day moving average price of $0.15 and a 200 day moving average price of $0.22.

About Lotus Technology

Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.