Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Down 40.3% in August

Thunder Power Holdings, Inc. (NASDAQ:AIEV) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 157,400 shares, a drop of 40.3% from the August 15th total of 263,800 shares. Based on an average trading volume of 813,800 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Thunder Power Price Performance

Shares of AIEV stock opened at $0.46 on Friday. The business’s 50 day simple moving average is $0.69. Thunder Power has a 52-week low of $0.43 and a 52-week high of $12.12.

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.