Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Update

Thunder Power Holdings, Inc. (NASDAQ:AIEV) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 720,400 shares, a growth of 337.4% from the February 28th total of 164,700 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.5% of the company’s shares are sold short.

Thunder Power Trading Up 1.1 %

AIEV stock opened at $0.16 on Thursday. Thunder Power has a twelve month low of $0.16 and a twelve month high of $3.98. The business’s fifty day simple moving average is $0.23 and its two-hundred day simple moving average is $0.33.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Thunder Power stock. Jane Street Group LLC bought a new position in Thunder Power Holdings, Inc. (NASDAQ:AIEV) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 83,037 shares of the company’s stock, valued at approximately $37,000. Jane Street Group LLC owned approximately 0.16% of Thunder Power at the end of the most recent reporting period. Institutional investors own 64.99% of the company’s stock.

About Thunder Power

Thunder Power Holdings Limited manufactures passenger electric vehicles. Thunder Power Holdings Limited was founded in 2013 and is based in Kowloon, Hong Kong. Thunder Power Hong Kong Limited operates as a subsidiary of Electric Power Technology Limited.