Short Interest in Innoviz Technologies Ltd. (NASDAQ:INVZW) Decreases By 24.6%

Innoviz Technologies Ltd. (NASDAQ:INVZW) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 4,300 shares, a drop of 24.6% from the January 31st total of 5,700 shares. Based on an average daily trading volume, of 224,800 shares, the short-interest ratio is currently 0.0 days.

Innoviz Technologies Trading Down 12.9 %

NASDAQ:INVZW traded down $0.01 during midday trading on Tuesday, reaching $0.07. The company had a trading volume of 87,636 shares, compared to its average volume of 148,001. The stock’s fifty day simple moving average is $0.15 and its 200-day simple moving average is $0.12. Innoviz Technologies has a 12-month low of $0.05 and a 12-month high of $0.48.

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.