Thunder Power Holdings, Inc. (NASDAQ:AIEV – Get Free Report) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 207,600 shares, a drop of 16.9% from the October 15th total of 249,900 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 190,900 shares, the days-to-cover ratio is presently 1.1 days.
Thunder Power Stock Performance
AIEV stock opened at $0.30 on Friday. Thunder Power has a 12-month low of $0.27 and a 12-month high of $12.12. The business has a 50-day moving average price of $0.43.
Thunder Power (NASDAQ:AIEV – Get Free Report) last issued its quarterly earnings results on Wednesday, September 4th. The company reported ($0.03) EPS for the quarter.
Thunder Power Company Profile
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.
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