Microvast Holdings, Inc. (NASDAQ:MVSTW) Short Interest Update

Microvast Holdings, Inc. (NASDAQ:MVSTW) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 71,200 shares, an increase of 149.0% from the February 28th total of 28,600 shares. Based on an average daily trading volume, of 172,000 shares, the short-interest ratio is currently 0.4 days.

Microvast Price Performance

MVSTW opened at $0.19 on Friday. Microvast has a 1 year low of $0.02 and a 1 year high of $0.54. The company’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.18.

About Microvast

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.