Polestar Automotive Holding UK PLC (NASDAQ:PSNYW) Short Interest Update

Polestar Automotive Holding UK PLC (NASDAQ:PSNYW) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 43,100 shares, an increase of 164.4% from the February 28th total of 16,300 shares. Based on an average daily trading volume, of 396,400 shares, the days-to-cover ratio is currently 0.1 days.

Polestar Automotive Holding UK Price Performance

Shares of PSNYW traded down $0.01 during mid-day trading on Friday, hitting $0.18. 63,879 shares of the company’s stock traded hands, compared to its average volume of 533,179. The business’s 50-day moving average price is $0.20 and its 200-day moving average price is $0.21. Polestar Automotive Holding UK has a 1 year low of $0.09 and a 1 year high of $0.61.

Polestar Automotive Holding UK Company Profile

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.