Short Interest in Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) Declines By 98.6%

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) was the target of a large decline in short interest in June. As of June 30th, there was short interest totalling 2,300 shares, a decline of 98.6% from the June 15th total of 160,400 shares. Based on an average trading volume of 895,600 shares, the days-to-cover ratio is presently 0.0 days.

Zapp Electric Vehicles Group Stock Down 4.4 %

NASDAQ ZAPPW traded down $0.00 during trading hours on Thursday, reaching $0.02. 1,488,225 shares of the company’s stock were exchanged, compared to its average volume of 590,513. The firm has a fifty day moving average of $0.02 and a 200-day moving average of $0.01. Zapp Electric Vehicles Group has a one year low of $0.01 and a one year high of $0.07.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Group Limited operates as a two-wheel electric vehicle company. The company designs, markets, and sells high performance electric vehicles. It also provides maintenance and repair services, as well as sells related parts and accessories. The company was incorporated in 2022 and is based in Bangkok, Thailand.