Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Update

Thunder Power Holdings, Inc. (NASDAQ:AIEV) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 271,800 shares, a decrease of 56.9% from the December 31st total of 629,900 shares. Based on an average daily volume of 2,550,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.6% of the company’s stock are sold short.

Thunder Power Stock Up 2.4 %

Shares of Thunder Power stock traded up $0.01 on Thursday, reaching $0.28. The company’s stock had a trading volume of 117,400 shares, compared to its average volume of 233,103. The firm’s fifty day simple moving average is $0.32 and its two-hundred day simple moving average is $0.46. Thunder Power has a 52 week low of $0.22 and a 52 week high of $12.12.

About Thunder Power

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.