Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Down 56.9% in January

Thunder Power Holdings, Inc. (NASDAQ:AIEV) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 271,800 shares, a drop of 56.9% from the December 31st total of 629,900 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 2,550,000 shares, the short-interest ratio is currently 0.1 days.

Thunder Power Price Performance

NASDAQ AIEV opened at $0.27 on Friday. The stock has a fifty day moving average of $0.32 and a 200-day moving average of $0.46. Thunder Power has a 52 week low of $0.22 and a 52 week high of $12.12.

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.