Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) Sees Large Growth in Short Interest

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 35,700 shares, a growth of 268.0% from the January 15th total of 9,700 shares. Based on an average daily volume of 104,800 shares, the days-to-cover ratio is presently 0.3 days.

Zapp Electric Vehicles Group Trading Up 12.0 %

Shares of NASDAQ:ZAPPW opened at $0.01 on Thursday. The business’s 50-day simple moving average is $0.01 and its 200 day simple moving average is $0.01. Zapp Electric Vehicles Group has a one year low of $0.01 and a one year high of $0.07.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Group Limited operates as a two-wheel electric vehicle company. The company designs, markets, and sells high performance electric vehicles. It also provides maintenance and repair services, as well as sells related parts and accessories. The company was incorporated in 2022 and is based in Bangkok, Thailand.