AST SpaceMobile, Inc. (NASDAQ:ASTSW) Sees Large Decrease in Short Interest

AST SpaceMobile, Inc. (NASDAQ:ASTSW) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 8,300 shares, a decrease of 50.0% from the May 31st total of 16,600 shares. Based on an average daily volume of 163,500 shares, the short-interest ratio is currently 0.1 days.

AST SpaceMobile Stock Up 1.2 %

Shares of ASTSW stock traded up $0.05 on Friday, hitting $4.16. 148,421 shares of the stock were exchanged, compared to its average volume of 97,142. AST SpaceMobile has a fifty-two week low of $0.30 and a fifty-two week high of $4.30. The business has a 50-day moving average of $1.73 and a 200 day moving average of $1.17.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.