Short Interest in Lotus Technology Inc. (NASDAQ:LOTWW) Declines By 28.9%

Lotus Technology Inc. (NASDAQ:LOTWW) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 18,700 shares, a decrease of 28.9% from the January 31st total of 26,300 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is presently 2.3 days.

Lotus Technology Trading Down 2.9 %

LOTWW traded down $0.00 on Tuesday, hitting $0.10. 31,700 shares of the company were exchanged, compared to its average volume of 29,326. The business’s fifty day moving average is $0.19 and its 200 day moving average is $0.24. Lotus Technology has a fifty-two week low of $0.08 and a fifty-two week high of $1.45.

About Lotus Technology

Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.