Kandi Technologies Group, Inc. (NASDAQ:KNDI) Shares Shorted: Short Interest Down 89.4% in October

Posted by Joseph Casey on Nov 13th, 2026

Kandi Technologies Group, Inc. (NASDAQ:KNDI – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 127,620 shares, a decline of 89.4% from the October 15th total of 1,198,836 shares. Based on an average daily volume of 27,383 shares, the short-interest ratio is currently 4.7 days. Approximately 1.5% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Kandi Technologies Group in a research note on Friday, October 30th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Read Our Latest Analysis on Kandi Technologies Group

Kandi Technologies Group Stock Performance

NASDAQ:KNDI traded down $0.12 during trading hours on Thursday, reaching $3.30. The stock had a trading volume of 7,903 shares, compared to its average volume of 88,114. The stock has a market cap of $33.99 million, a P/E ratio of -1.10 and a beta of 0.64. The stock has a 50 day simple moving average of $5.18 and a 200 day simple moving average of $7.24. Kandi Technologies Group has a 12-month low of $3.22 and a 12-month high of $12.00.

Kandi Technologies Group (NASDAQ:KNDI – Get Free Report) last posted its quarterly earnings results on Monday, September 28th. The company reported $0.50 earnings per share (EPS) for the quarter. The business had revenue of $28.56 million during the quarter.

About Kandi Technologies Group

(Get Free Report)

Kandi Technologies Group, Inc. is a China-based manufacturer and distributor of electric vehicles and powersports products. Through its subsidiaries, the company develops and sells electric vehicles, electric utility vehicles, all-terrain vehicles, side-by-side vehicles, go-karts and related products. Its offerings are designed for personal transportation, recreational use, property maintenance and other utility applications. The company also produces and markets components and accessories used in electric and powersports vehicles, including batteries and other related systems.