AST SpaceMobile, Inc. (NASDAQ:ASTSW) Short Interest Update

AST SpaceMobile, Inc. (NASDAQ:ASTSW) was the recipient of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 66,900 shares, an increase of 178.8% from the July 31st total of 24,000 shares. Based on an average daily volume of 368,100 shares, the short-interest ratio is presently 0.2 days.

AST SpaceMobile Stock Down 12.2 %

Shares of ASTSW stock opened at $19.62 on Wednesday. The business’s fifty day moving average price is $8.99 and its 200 day moving average price is $3.82. AST SpaceMobile has a 1-year low of $0.30 and a 1-year high of $27.62.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.