Lotus Technology Inc. (NASDAQ:LOTWW) Short Interest Up 20.4% in March

Lotus Technology Inc. (NASDAQ:LOTWW) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 13,600 shares, an increase of 20.4% from the March 15th total of 11,300 shares. Based on an average trading volume of 13,700 shares, the days-to-cover ratio is currently 1.0 days.

Lotus Technology Stock Performance

Shares of NASDAQ LOTWW opened at $0.11 on Tuesday. Lotus Technology has a 12 month low of $0.05 and a 12 month high of $1.45. The firm has a fifty day simple moving average of $0.11 and a two-hundred day simple moving average of $0.19.

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.