Microvast Holdings, Inc. (NASDAQ:MVSTW) Short Interest Up 186.5% in November

Microvast Holdings, Inc. (NASDAQ:MVSTW) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 14,900 shares, a growth of 186.5% from the October 31st total of 5,200 shares. Based on an average daily trading volume, of 79,700 shares, the short-interest ratio is presently 0.2 days.

Microvast Stock Up 5.9 %

Microvast stock traded up $0.00 during mid-day trading on Wednesday, reaching $0.08. 204,114 shares of the company were exchanged, compared to its average volume of 74,720. The firm’s 50-day simple moving average is $0.03 and its two-hundred day simple moving average is $0.03. Microvast has a twelve month low of $0.02 and a twelve month high of $0.16.

Microvast Company Profile

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.