Gogoro Inc. (NASDAQ:GGROW) Short Interest Up 109.8% in December

Gogoro Inc. (NASDAQ:GGROW) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 21,400 shares, a growth of 109.8% from the November 30th total of 10,200 shares. Based on an average daily volume of 42,700 shares, the days-to-cover ratio is currently 0.5 days.

Gogoro Stock Down 4.5 %

Gogoro stock traded down $0.00 during midday trading on Friday, reaching $0.02. The stock had a trading volume of 99,473 shares, compared to its average volume of 27,307. Gogoro has a 1-year low of $0.01 and a 1-year high of $0.22. The firm’s fifty day simple moving average is $0.02 and its 200-day simple moving average is $0.05.

Gogoro Company Profile

Gogoro Inc provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits.