Chijet Motor Company, Inc. (NASDAQ:CJET) Short Interest Down 6.6% in August

Chijet Motor Company, Inc. (NASDAQ:CJET) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 73,200 shares, a decline of 6.6% from the August 15th total of 78,400 shares. Approximately 14.8% of the company’s shares are sold short. Based on an average trading volume of 110,000 shares, the days-to-cover ratio is currently 0.7 days.

Chijet Motor Stock Down 12.0 %

Shares of Chijet Motor stock opened at $2.41 on Friday. Chijet Motor has a one year low of $2.34 and a one year high of $2,691.00.

About Chijet Motor

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.