Lotus Technology Inc. (NASDAQ:LOTWW) Short Interest Update

Lotus Technology Inc. (NASDAQ:LOTWW) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 8,600 shares, a decrease of 18.9% from the October 15th total of 10,600 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 1.9 days.

Lotus Technology Stock Performance

NASDAQ:LOTWW remained flat at $0.28 on Friday. The company’s stock had a trading volume of 1,957 shares, compared to its average volume of 38,422. The business has a 50-day moving average price of $0.28 and a 200-day moving average price of $0.36. Lotus Technology has a fifty-two week low of $0.22 and a fifty-two week high of $1.45.

Lotus Technology Company Profile

Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.