Short Interest in Innoviz Technologies Ltd. (NASDAQ:INVZW) Expands By 1,192.9%

Innoviz Technologies Ltd. (NASDAQ:INVZW) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 18,100 shares, an increase of 1,192.9% from the December 15th total of 1,400 shares. Based on an average daily volume of 185,200 shares, the days-to-cover ratio is presently 0.1 days.

Innoviz Technologies Trading Up 6.7 %

NASDAQ:INVZW traded up $0.01 on Wednesday, hitting $0.16. 50,572 shares of the company’s stock traded hands, compared to its average volume of 297,223. The firm has a 50-day moving average price of $0.12 and a 200-day moving average price of $0.14. Innoviz Technologies has a 1 year low of $0.05 and a 1 year high of $0.50.

About Innoviz Technologies

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy.