Short Interest in NWTN Inc. (NASDAQ:NWTN) Drops By 21.7%

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

NWTN Stock Down 3.2 %

Shares of NASDAQ NWTN traded down $0.04 during 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 stock has a fifty day simple moving average of $0.92 and a two-hundred day simple moving average of $1.35. NWTN has a fifty-two week low of $0.53 and a fifty-two week high of $8.74.

About NWTN

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.