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

Innoviz Technologies Ltd. (NASDAQ:INVZW) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 17,300 shares, a decline of 7.0% from the March 31st total of 18,600 shares. Based on an average daily volume of 32,600 shares, the short-interest ratio is currently 0.5 days.

Innoviz Technologies Stock Up 25.8 %

NASDAQ INVZW opened at $0.27 on Wednesday. The business has a 50-day moving average price of $0.28 and a 200-day moving average price of $0.40. Innoviz Technologies has a twelve month low of $0.17 and a twelve month high of $3.01.

About Innoviz Technologies

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.