Innoviz Technologies Ltd. (NASDAQ:INVZW) Short Interest Down 9.5% in September

Innoviz Technologies Ltd. (NASDAQ:INVZW) was the target of a large decline in short interest in September. As of September 30th, there was short interest totalling 1,900 shares, a decline of 9.5% from the September 15th total of 2,100 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 0.4 days.

Innoviz Technologies Trading Down 28.6 %

NASDAQ:INVZW opened at $0.10 on Thursday. The business’s 50-day moving average is $0.13 and its 200 day moving average is $0.19. Innoviz Technologies has a 12 month low of $0.05 and a 12 month high of $0.90.

Innoviz Technologies Company Profile

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy.