Thunder Power Holdings, Inc. (NASDAQ:AIEV) Sees Large Increase in Short Interest

Thunder Power Holdings, Inc. (NASDAQ:AIEV) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 263,800 shares, an increase of 72.2% from the July 31st total of 153,200 shares. Currently, 9.0% of the company’s stock are short sold. Based on an average daily volume of 743,700 shares, the short-interest ratio is presently 0.4 days.

Thunder Power Price Performance

Shares of AIEV stock opened at $0.64 on Friday. Thunder Power has a 52 week low of $0.43 and a 52 week high of $12.12.

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.