Gogoro Inc. (NASDAQ:GGROW) Sees Large Decline in Short Interest

Gogoro Inc. (NASDAQ:GGROWGet Free Report) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 82,700 shares, a decrease of 10.1% from the April 15th total of 92,000 shares. Based on an average daily volume of 19,000 shares, the days-to-cover ratio is currently 4.4 days.

Gogoro Stock Performance

NASDAQ GGROW opened at $0.08 on Wednesday. The stock has a 50-day simple moving average of $0.09 and a two-hundred day simple moving average of $0.13. Gogoro has a fifty-two week low of $0.05 and a fifty-two week high of $0.43.

Gogoro Company Profile

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Gogoro Inc provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits.

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