Short Interest in Thunder Power Holdings, Inc. (NASDAQ:AIEV) Increases By 7.6%

Thunder Power Holdings, Inc. (NASDAQ:AIEV) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 629,900 shares, a growth of 7.6% from the December 31st total of 585,300 shares. Currently, 1.3% of the company’s stock are sold short. Based on an average trading volume of 2,530,000 shares, the days-to-cover ratio is presently 0.2 days.

Thunder Power Stock Performance

Shares of AIEV opened at $0.25 on Tuesday. Thunder Power has a 12 month low of $0.22 and a 12 month high of $12.12. The company’s fifty day moving average is $0.32 and its 200-day moving average is $0.45.

About Thunder Power

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.