NWTN Inc. (NASDAQ:NWTN) Short Interest Update

NWTN Inc. (NASDAQ:NWTN) was the target of a significant decrease in short interest during 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. Based on an average daily trading volume, of 415,400 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the shares of the stock are short sold.

NWTN Price Performance

NASDAQ:NWTN opened at $1.24 on Friday. NWTN has a twelve month low of $0.53 and a twelve month high of $8.74. The company’s 50-day moving average price is $0.90 and its 200-day moving average price is $1.38.

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.