Short Interest in Innoviz Technologies Ltd. (NASDAQ:INVZW) Increases By 1,192.9%

Innoviz Technologies Ltd. (NASDAQ:INVZWGet Free Report) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 18,100 shares, a growth of 1,192.9% from the December 15th total of 1,400 shares. Based on an average trading volume of 185,200 shares, the days-to-cover ratio is currently 0.1 days.

Innoviz Technologies Stock Down 6.3 %

Shares of NASDAQ INVZW traded down $0.01 during midday trading on Tuesday, hitting $0.19. The company had a trading volume of 154,234 shares, compared to its average volume of 349,319. The business has a 50-day simple moving average of $0.12 and a two-hundred day simple moving average of $0.14. Innoviz Technologies has a twelve month low of $0.05 and a twelve month high of $0.50.

About Innoviz Technologies

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Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy.

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