Thunder Power Holdings, Inc. (NASDAQ:AIEV) Sees Significant Decline in Short Interest

Thunder Power Holdings, Inc. (NASDAQ:AIEVGet Free Report) was the target of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 157,800 shares, a decline of 20.0% from the November 15th total of 197,300 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,150,000 shares, the days-to-cover ratio is currently 0.1 days.

Thunder Power Price Performance

Shares of Thunder Power stock opened at $0.28 on Friday. Thunder Power has a 1 year low of $0.25 and a 1 year high of $12.12. The stock’s 50 day moving average is $0.35.

About Thunder Power

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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.

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