Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) Short Interest Update

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 877,100 shares, a growth of 3,798.2% from the May 31st total of 22,500 shares. Currently, 59.7% of the shares of the company are short sold. Based on an average trading volume of 2,630,000 shares, the days-to-cover ratio is currently 0.3 days.

Zapp Electric Vehicles Group Trading Up 11.5 %

ZAPP stock opened at $2.23 on Friday. Zapp Electric Vehicles Group has a 12 month low of $0.70 and a 12 month high of $53.80. The company has a fifty day moving average price of $1.78 and a 200 day moving average price of $4.05.

About Zapp Electric Vehicles Group

Zapp Electric Vehicles Limited operates an electric motorcycle company. Its i300 is the first in a suite of electric two-wheelers that the company plans to bring to market. It offers a direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). The company sells its product the i300, to customers online and delivered to the home, as well as provides at-home inspection, service, and support throughout the vehicle ownership lifecycle.