Vicinity Motor Corp. (NASDAQ:VEV – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 629,400 shares, a drop of 14.7% from the August 31st total of 737,900 shares. Based on an average daily volume of 8,480,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.4% of the company’s shares are short sold.
Vicinity Motor Stock Performance
NASDAQ VEV opened at $0.14 on Monday. The firm has a market capitalization of $6.59 million, a price-to-earnings ratio of -0.36 and a beta of 0.44. The company’s 50 day moving average price is $0.20 and its 200 day moving average price is $0.51. Vicinity Motor has a one year low of $0.09 and a one year high of $0.98.
Vicinity Motor Company Profile
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