Innoviz Technologies Ltd. (NASDAQ:INVZW) Short Interest Up 338.9% in October

by · The Cerbat Gem

Innoviz Technologies Ltd. (NASDAQ:INVZW – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 7,900 shares, a growth of 338.9% from the October 15th total of 1,800 shares. Based on an average daily trading volume, of 18,800 shares, the days-to-cover ratio is presently 0.4 days.

Innoviz Technologies Stock Performance

Shares of INVZW stock remained flat at $0.06 on Wednesday. The company had a trading volume of 981 shares, compared to its average volume of 20,794. Innoviz Technologies has a 52-week low of $0.05 and a 52-week high of $0.75. The firm has a 50-day moving average of $0.11 and a 200 day moving average of $0.17.

About Innoviz Technologies

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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.

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