Innoviz Technologies Ltd. (NASDAQ:INVZW) Short Interest Up 15.0% in March

Innoviz Technologies Ltd. (NASDAQ:INVZWGet Free Report) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 16,100 shares, a growth of 15.0% from the February 29th total of 14,000 shares. Based on an average trading volume of 33,700 shares, the days-to-cover ratio is presently 0.5 days.

Innoviz Technologies Trading Down 10.1 %

INVZW opened at $0.27 on Tuesday. Innoviz Technologies has a fifty-two week low of $0.23 and a fifty-two week high of $3.01. The firm’s fifty day moving average price is $0.32 and its two-hundred day moving average price is $0.45.

Innoviz Technologies Company Profile

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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.

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