Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Up 36.9% in October

Thunder Power Holdings, Inc. (NASDAQ:AIEV) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 132,900 shares, a growth of 36.9% from the September 30th total of 97,100 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 98,800 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily trading volume, of 98,800 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.3% of the company’s stock are sold short.

Thunder Power Price Performance

Shares of NASDAQ:AIEV opened at $0.16 on Wednesday. The stock has a market capitalization of $8.12 million, a P/E ratio of -3.20 and a beta of 0.55. The business has a 50-day moving average of $0.16 and a two-hundred day moving average of $0.10. Thunder Power has a fifty-two week low of $0.01 and a fifty-two week high of $0.35.

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.