NWTN Inc. (NASDAQ:NWTN - Get Free Report) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 314,700 shares, a drop of 26.8% from the November 15th total of 430,100 shares. Approximately 0.1% of the company's shares are short sold. Based on an average daily volume of 421,500 shares, the days-to-cover ratio is currently 0.7 days.
NWTN stock traded down $0.01 during trading on Friday, hitting $1.05. The company had a trading volume of 10,662 shares, compared to its average volume of 161,501. NWTN has a one year low of $0.53 and a one year high of $8.74. The business has a 50-day moving average of $0.99 and a 200-day moving average of $1.16.
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.
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