Short Interest in Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) Increases By 268.0%

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 35,700 shares, an increase of 268.0% from the January 15th total of 9,700 shares. Based on an average trading volume of 104,800 shares, the days-to-cover ratio is presently 0.3 days.

Zapp Electric Vehicles Group Stock Performance

Shares of ZAPPW stock traded up $0.00 during mid-day trading on Wednesday, hitting $0.01. 779 shares of the stock traded hands, compared to its average volume of 145,740. The stock’s fifty day moving average is $0.01 and its two-hundred day moving average is $0.01. Zapp Electric Vehicles Group has a 52-week low of $0.01 and a 52-week high of $0.07.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Group Limited operates as a two-wheel electric vehicle company. The company designs, markets, and sells high performance electric vehicles. It also provides maintenance and repair services, as well as sells related parts and accessories. The company was incorporated in 2022 and is based in Bangkok, Thailand.