Chijet Motor Company, Inc. (NASDAQ:CJET) Short Interest Update

Chijet Motor Company, Inc. (NASDAQ:CJET) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 44,000 shares, an increase of 13.7% from the December 15th total of 38,700 shares. Approximately 8.7% of the company’s shares are sold short. Based on an average daily trading volume, of 19,300 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Trading of Chijet Motor

An institutional investor recently bought a new position in Chijet Motor stock. Walleye Trading LLC bought a new position in shares of Chijet Motor Company, Inc. (NASDAQ:CJET) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 16,275 shares of the company’s stock, valued at approximately $38,000. Walleye Trading LLC owned approximately 0.30% of Chijet Motor at the end of the most recent quarter.

Chijet Motor Trading Up 0.9 %

Chijet Motor stock opened at $1.76 on Monday. The company has a 50 day moving average of $2.07. Chijet Motor has a 1 year low of $1.65 and a 1 year high of $747.00.

Chijet Motor Company Profile

Chijet Motor Company, Inc engages in the research and development, production, and sale of new energy vehicles. It offers battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles. The company was founded in 2021 and is based in Grand Cayman, the Cayman Islands.