Lotus Technology Inc. (NASDAQ:LOTWW) Short Interest Down 28.9% in February

Lotus Technology Inc. (NASDAQ:LOTWW) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 18,700 shares, a decrease of 28.9% from the January 31st total of 26,300 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is presently 2.3 days.

Lotus Technology Stock Performance

LOTWW stock traded down $0.00 during midday trading on Wednesday, hitting $0.10. The company’s stock had a trading volume of 31,700 shares, compared to its average volume of 29,326. Lotus Technology has a 12 month low of $0.08 and a 12 month high of $1.45. The firm’s 50-day moving average is $0.19 and its 200-day moving average is $0.24.

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.