Innoviz Technologies Ltd. (NASDAQ:INVZW) Sees Significant Decrease in Short Interest

Innoviz Technologies Ltd. (NASDAQ:INVZW) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 1,000 shares, a decrease of 87.3% from the October 31st total of 7,900 shares. Based on an average daily volume of 20,500 shares, the short-interest ratio is presently 0.0 days.

Innoviz Technologies Price Performance

NASDAQ:INVZW traded up $0.02 during trading hours on Wednesday, reaching $0.10. 35,624 shares of the company traded hands, compared to its average volume of 21,100. Innoviz Technologies has a 1-year low of $0.05 and a 1-year high of $0.75. The firm’s 50-day moving average is $0.10 and its 200-day moving average is $0.15.

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.