Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Update

Thunder Power Holdings, Inc. (NASDAQ:AIEV) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 720,400 shares, a growth of 337.4% from the February 28th total of 164,700 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 1,030,000 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Thunder Power

An institutional investor recently bought a new position in Thunder Power stock. Jane Street Group LLC purchased a new stake in Thunder Power Holdings, Inc. (NASDAQ:AIEV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 83,037 shares of the company’s stock, valued at approximately $37,000. Jane Street Group LLC owned about 0.16% of Thunder Power at the end of the most recent quarter. Institutional investors own 64.99% of the company’s stock.

Thunder Power Stock Down 7.7 %

Shares of NASDAQ AIEV opened at $0.14 on Friday. Thunder Power has a fifty-two week low of $0.14 and a fifty-two week high of $3.98. The firm’s 50-day simple moving average is $0.23 and its 200 day simple moving average is $0.33.

Thunder Power Company Profile

Thunder Power Holdings Limited manufactures passenger electric vehicles. Thunder Power Holdings Limited was founded in 2013 and is based in Kowloon, Hong Kong. Thunder Power Hong Kong Limited operates as a subsidiary of Electric Power Technology Limited.