Microvast Holdings, Inc. (NASDAQ:MVSTW) Short Interest Up 169.8% in February

Microvast Holdings, Inc. (NASDAQ:MVSTW) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 28,600 shares, a growth of 169.8% from the February 13th total of 10,600 shares. Based on an average daily volume of 199,900 shares, the days-to-cover ratio is presently 0.1 days.

Microvast Trading Up 9.7 %

NASDAQ:MVSTW traded up $0.02 during midday trading on Friday, reaching $0.20. 34,364 shares of the company traded hands, compared to its average volume of 121,250. Microvast has a twelve month low of $0.02 and a twelve month high of $0.54. The company has a fifty day moving average price of $0.31 and a 200 day moving average price of $0.17.

About Microvast

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.