Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Down 56.9% in January

Thunder Power Holdings, Inc. (NASDAQ:AIEV) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 271,800 shares, a drop of 56.9% from the December 31st total of 629,900 shares. Based on an average daily trading volume, of 2,550,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.6% of the company’s stock are short sold.

Thunder Power Stock Up 2.9 %

NASDAQ AIEV opened at $0.28 on Friday. Thunder Power has a 1-year low of $0.22 and a 1-year high of $12.12. The firm’s fifty day simple moving average is $0.32 and its 200-day simple moving average is $0.46.

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.