NWTN Inc. (NASDAQ:NWTN) Short Interest Update

NWTN Inc. (NASDAQ:NWTN) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 226,900 shares, a decline of 22.0% from the December 31st total of 290,900 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 412,000 shares, the short-interest ratio is currently 0.6 days.

NWTN Stock Performance

NWTN stock traded down $0.03 during trading on Friday, reaching $0.63. The stock had a trading volume of 2,681 shares, compared to its average volume of 28,033. The firm has a fifty day moving average price of $0.93 and a 200 day moving average price of $0.92. NWTN has a 1-year low of $0.53 and a 1-year high of $8.74.

About NWTN

NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.