Short Interest in Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) Drops By 95.7%

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 2,100 shares, a decline of 95.7% from the August 15th total of 48,600 shares. Based on an average daily trading volume, of 1,070,000 shares, the days-to-cover ratio is presently 0.0 days.

Zapp Electric Vehicles Group Price Performance

ZAPPW stock opened at $0.01 on Friday. Zapp Electric Vehicles Group has a one year low of $0.01 and a one year high of $0.07. The company’s fifty day moving average price is $0.02 and its 200-day moving average price is $0.01.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Group Limited operates as a two-wheel electric vehicle company. The company designs, markets, and sells high performance electric vehicles. It also provides maintenance and repair services, as well as sells related parts and accessories. The company was incorporated in 2022 and is based in Bangkok, Thailand.