Short Interest in AERWINS Technologies Inc. (NASDAQ:AWINW) Declines By 16.8%

AERWINS Technologies Inc. (NASDAQ:AWINW) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 63,900 shares, a drop of 16.8% from the March 15th total of 76,800 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is presently 3.1 days.

Institutional Investors Weigh In On AERWINS Technologies

A hedge fund recently bought a new stake in AERWINS Technologies stock. Polar Asset Management Partners Inc. bought a new stake in shares of AERWINS Technologies Inc. (NASDAQ:AWINW) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,251,941 shares of the company’s stock, valued at approximately $70,000.

AERWINS Technologies Price Performance

Shares of AERWINS Technologies stock remained flat at $0.02 during trading hours on Monday. 61,831 shares of the stock were exchanged, compared to its average volume of 26,774. AERWINS Technologies has a 12-month low of $0.01 and a 12-month high of $0.09. The business’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.02.

AERWINS Technologies Company Profile

AERWINS Technologies Inc develops and manufactures drones and other technology in the air infrastructure and air mobility space. The company is based in Tokyo, Japan.