Lotus Technology Inc. (NASDAQ:LOTWW) Short Interest Update

Lotus Technology Inc. (NASDAQ:LOTWW) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 8,600 shares, a decline of 18.9% from the October 15th total of 10,600 shares. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is currently 1.9 days.

Lotus Technology Price Performance

NASDAQ:LOTWW remained flat at $0.28 on Friday. The company’s stock had a trading volume of 1,957 shares, compared to its average volume of 38,422. The stock’s 50 day moving average is $0.28 and its 200-day moving average is $0.36. Lotus Technology has a twelve month low of $0.22 and a twelve month high of $1.45.

Lotus Technology Company Profile

Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.