Gogoro Inc. (NASDAQ:GGROW) Sees Significant Drop in Short Interest

Gogoro Inc. (NASDAQ:GGROW) was the recipient of a significant 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 short-interest ratio is currently 0.1 days.

Gogoro Stock Performance

GGROW stock traded down $0.00 on Wednesday, reaching $0.03. The company’s stock had a trading volume of 10,200 shares, compared to its average volume of 36,583. The business has a fifty day simple moving average of $0.02 and a two-hundred day simple moving average of $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.