Short Interest in Thunder Power Holdings, Inc. (NASDAQ:AIEV) Decreases By 16.9%

Thunder Power Holdings, Inc. (NASDAQ:AIEVGet Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 207,600 shares, a decrease of 16.9% from the October 15th total of 249,900 shares. Based on an average trading volume of 190,900 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.3% of the shares of the company are short sold.

Thunder Power Price Performance

Shares of Thunder Power stock opened at $0.30 on Friday. Thunder Power has a 1 year low of $0.27 and a 1 year high of $12.12. The business’s fifty day simple moving average is $0.43.

Thunder Power (NASDAQ:AIEVGet Free Report) last issued its quarterly earnings data on Wednesday, September 4th. The company reported ($0.03) earnings per share (EPS) for the quarter.

Thunder Power Company Profile

(Get Free Report)

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.

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