Microvast Holdings, Inc. (NASDAQ:MVSTW) Short Interest Update

Microvast Holdings, Inc. (NASDAQ:MVSTW) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 2,100 shares, a drop of 88.7% from the August 31st total of 18,600 shares. Based on an average daily volume of 49,300 shares, the short-interest ratio is currently 0.0 days.

Microvast Price Performance

Shares of MVSTW remained flat at $0.03 during mid-day trading on Wednesday. The stock had a trading volume of 4,500 shares, compared to its average volume of 66,924. Microvast has a 52 week low of $0.02 and a 52 week high of $0.30. The business’s fifty day moving average price is $0.02 and its 200-day moving average price is $0.03.

About Microvast

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.