NWTN Inc. (NASDAQ:NWTN) Short Interest Up 204.1% in October

NWTN Inc. (NASDAQ:NWTN) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 549,200 shares, an increase of 204.1% from the October 15th total of 180,600 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 388,700 shares, the days-to-cover ratio is presently 1.4 days.

NWTN Trading Up 38.1 %

Shares of NWTN stock traded up $0.45 during trading hours on Tuesday, hitting $1.63. 820,738 shares of the company were exchanged, compared to its average volume of 168,679. NWTN has a 1 year low of $0.53 and a 1 year high of $8.74. The firm has a fifty day moving average of $0.81 and a 200 day moving average of $1.69.

NWTN Company Profile

NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.