Thunder Power Holdings, Inc. (NASDAQ:AIEV) Sees Significant Decline in Short Interest

Thunder Power Holdings, Inc. (NASDAQ:AIEVGet Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 271,800 shares, a decline of 56.9% from the December 31st total of 629,900 shares. Based on an average trading volume of 2,550,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the shares of the company are short sold.

Thunder Power Stock Up 2.4 %

AIEV stock traded up $0.01 during mid-day trading on Thursday, reaching $0.28. 117,400 shares of the company traded hands, compared to its average volume of 233,103. Thunder Power has a 52-week low of $0.22 and a 52-week high of $12.12. The company has a fifty day moving average price of $0.32 and a 200-day moving average price of $0.46.

About Thunder Power

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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.

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