Polestar Automotive Holding UK PLC (NASDAQ:PSNYW) Sees Significant Growth in Short Interest

Polestar Automotive Holding UK PLC (NASDAQ:PSNYW) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 43,100 shares, a growth of 164.4% from the February 28th total of 16,300 shares. Based on an average trading volume of 396,400 shares, the short-interest ratio is presently 0.1 days.

Polestar Automotive Holding UK Trading Down 6.6 %

Shares of NASDAQ:PSNYW traded down $0.01 during midday trading on Friday, reaching $0.18. The company had a trading volume of 63,879 shares, compared to its average volume of 533,179. Polestar Automotive Holding UK has a 1-year low of $0.09 and a 1-year high of $0.61. The company has a fifty day simple moving average of $0.20 and a two-hundred day simple moving average of $0.21.

About Polestar Automotive Holding UK

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.