Lotus Technology Inc. (NASDAQ:LOTWW) Short Interest Down 21.4% 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 28th, there was short interest totalling 14,700 shares, a decrease of 21.4% from the February 13th total of 18,700 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is presently 1.6 days.

Lotus Technology Price Performance

NASDAQ:LOTWW traded down $0.00 during mid-day trading on Monday, hitting $0.09. 43,400 shares of the company’s stock traded hands, compared to its average volume of 26,378. The firm has a 50 day moving average of $0.17 and a two-hundred day moving average of $0.23. Lotus Technology has a 12 month low of $0.08 and a 12 month high of $1.45.

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.