Lotus Technology Inc. (NASDAQ:LOTWW) Short Interest Down 28.9% in February

Lotus Technology Inc. (NASDAQ:LOTWW) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 18,700 shares, a drop of 28.9% from the January 31st total of 26,300 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is presently 2.3 days.

Lotus Technology Price Performance

NASDAQ:LOTWW traded down $0.00 on Wednesday, reaching $0.10. 31,700 shares of the company’s stock were exchanged, compared to its average volume of 29,326. Lotus Technology has a 52 week low of $0.08 and a 52 week high of $1.45. The stock has a fifty day simple moving average of $0.19 and a 200-day simple moving average of $0.24.

About Lotus Technology

Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.