Short Interest in AST SpaceMobile, Inc. (NASDAQ:ASTSW) Expands By 91.6%

AST SpaceMobile, Inc. (NASDAQ:ASTSW) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 359,400 shares, a growth of 91.6% from the August 31st total of 187,600 shares. Based on an average daily trading volume, of 362,000 shares, the short-interest ratio is presently 1.0 days.

AST SpaceMobile Trading Up 9.8 %

Shares of NASDAQ ASTSW traded up $1.21 during midday trading on Friday, hitting $13.50. 377,195 shares of the stock traded hands, compared to its average volume of 193,076. AST SpaceMobile has a one year low of $0.30 and a one year high of $27.62. The business has a 50 day moving average price of $14.46 and a two-hundred day moving average price of $6.22.

About AST SpaceMobile

AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.