Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) Sees Significant Increase in Short Interest

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 4,600 shares, an increase of 820.0% from the February 13th total of 500 shares. Based on an average trading volume of 98,400 shares, the days-to-cover ratio is currently 0.0 days.

Zapp Electric Vehicles Group Stock Performance

NASDAQ ZAPPW opened at $0.01 on Thursday. The business has a 50 day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. Zapp Electric Vehicles Group has a 1-year low of $0.01 and a 1-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.