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

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

Innoviz Technologies Stock Down 5.7 %

Shares of NASDAQ:INVZW opened at $0.17 on Wednesday. The stock’s 50-day moving average is $0.15 and its 200-day moving average is $0.14. Innoviz Technologies has a 52-week low of $0.05 and a 52-week high of $0.48.

Innoviz Technologies Company Profile

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.