Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) Sees Large Decrease in Short Interest

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 15,500 shares, a decrease of 39.5% from the November 30th total of 25,600 shares. Based on an average daily volume of 44,300 shares, the days-to-cover ratio is currently 0.3 days.

Zapp Electric Vehicles Group Stock Performance

ZAPPW opened at $0.01 on Friday. The stock has a 50-day moving average of $0.01 and a 200 day moving average of $0.01. Zapp Electric Vehicles Group has a 12 month low of $0.01 and a 12 month high of $0.07.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Group Limited operates as a two-wheel electric vehicle company. The company designs, markets, and sells high performance electric vehicles. It also provides maintenance and repair services, as well as sells related parts and accessories. The company was incorporated in 2022 and is based in Bangkok, Thailand.