Short Interest in Thunder Power Holdings, Inc. (NASDAQ:AIEV) Increases By 7.6%

Thunder Power Holdings, Inc. (NASDAQ:AIEV) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 629,900 shares, an increase of 7.6% from the December 31st total of 585,300 shares. Based on an average trading volume of 2,530,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 1.3% of the company’s stock are sold short.

Thunder Power Trading Down 6.8 %

AIEV opened at $0.25 on Tuesday. The firm’s 50 day moving average is $0.32 and its 200-day moving average is $0.45. Thunder Power has a 52-week low of $0.22 and a 52-week high of $12.12.

Thunder Power Company Profile

Thunder Power Holdings Limited manufactures passenger electric vehicles. Thunder Power Holdings Limited was founded in 2013 and is based in Kowloon, Hong Kong. Thunder Power Hong Kong Limited operates as a subsidiary of Electric Power Technology Limited.