Thunder Power Holdings, Inc. (NASDAQ:AIEV – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 239,400 shares, a drop of 37.9% from the September 15th total of 385,500 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 270,400 shares, the short-interest ratio is presently 0.9 days.
Thunder Power Stock Down 8.6 %
Shares of Thunder Power stock opened at $0.48 on Friday. The business has a 50-day simple moving average of $0.55. Thunder Power has a twelve month low of $0.40 and a twelve month high of $12.12.
Thunder Power (NASDAQ:AIEV – Get Free Report) last released its quarterly earnings results on Wednesday, September 4th. The company reported ($0.03) earnings per share for the quarter.
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.
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