Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) Short Interest Down 19.6% in October

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 39,700 shares, a drop of 19.6% from the September 30th total of 49,400 shares. Based on an average daily volume of 134,800 shares, the days-to-cover ratio is currently 0.3 days.

Zapp Electric Vehicles Group Stock Performance

Zapp Electric Vehicles Group stock opened at $0.01 on Friday. Zapp Electric Vehicles Group has a 1 year low of $0.01 and a 1 year high of $0.07. The firm’s 50-day moving average is $0.01 and its 200-day moving average is $0.01.

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.