Short Interest in AST SpaceMobile, Inc. (NASDAQ:ASTSW) Grows By 30.6%

AST SpaceMobile, Inc. (NASDAQ:ASTSW) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 11,100 shares, an increase of 30.6% from the March 31st total of 8,500 shares. Based on an average daily volume of 20,500 shares, the short-interest ratio is presently 0.5 days.

AST SpaceMobile Price Performance

NASDAQ:ASTSW traded up $0.03 on Friday, reaching $0.38. 18,850 shares of the company’s stock were exchanged, compared to its average volume of 23,420. The stock has a fifty day simple moving average of $0.60 and a 200-day simple moving average of $0.86. AST SpaceMobile has a 52 week low of $0.30 and a 52 week high of $2.01.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.