Gogoro Inc. (NASDAQ:GGROW) Short Interest Down 75.2% in January

Gogoro Inc. (NASDAQ:GGROW) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 5,300 shares, a drop of 75.2% from the December 31st total of 21,400 shares. Based on an average daily volume of 48,400 shares, the days-to-cover ratio is currently 0.1 days.

Gogoro Stock Performance

Shares of GGROW traded down $0.00 on Wednesday, reaching $0.03. 10,200 shares of the stock traded hands, compared to its average volume of 36,583. The stock’s 50-day moving average price is $0.02 and its 200-day moving average price is $0.04. Gogoro has a 12 month low of $0.01 and a 12 month high of $0.19.

Gogoro Company Profile

Gogoro Inc provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits.