Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Down 36.8% in February

Thunder Power Holdings, Inc. (NASDAQ:AIEV) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 171,200 shares, a drop of 36.8% from the January 31st total of 271,000 shares. Based on an average daily trading volume, of 2,570,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Trading of Thunder Power

An institutional investor recently bought a new position in Thunder Power stock. Jane Street Group LLC purchased a new stake in shares of Thunder Power Holdings, Inc. (NASDAQ:AIEV) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 83,037 shares of the company’s stock, valued at approximately $37,000. Jane Street Group LLC owned about 0.16% of Thunder Power as of its most recent SEC filing. 64.99% of the stock is currently owned by institutional investors and hedge funds.

Thunder Power Price Performance

Shares of NASDAQ AIEV opened at $0.23 on Friday. Thunder Power has a 1-year low of $0.22 and a 1-year high of $3.98. The stock has a fifty day simple moving average of $0.30 and a two-hundred day simple moving average of $0.39.

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.