NWTN Inc. (NASDAQ:NWTN) Short Interest Update

NWTN Inc. (NASDAQ:NWTN) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 430,100 shares, a decline of 21.7% from the October 31st total of 549,200 shares. Based on an average trading volume of 415,400 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.2% of the shares of the company are short sold.

NWTN Trading Down 3.2 %

NWTN stock traded down $0.04 during mid-day trading on Friday, hitting $1.20. The company had a trading volume of 41,761 shares, compared to its average volume of 166,253. The company’s fifty day moving average is $0.92 and its 200-day moving average is $1.35. NWTN has a 12-month low of $0.53 and a 12-month high of $8.74.

NWTN Company Profile

NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.