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

AST SpaceMobile, Inc. (NASDAQ:ASTSW) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 11,100 shares, a growth of 30.6% from the March 31st total of 8,500 shares. Based on an average daily volume of 20,500 shares, the days-to-cover ratio is currently 0.5 days.

AST SpaceMobile Trading Up 8.6 %

ASTSW traded up $0.03 on Friday, reaching $0.38. The company had a trading volume of 18,850 shares, compared to its average volume of 23,420. The business has a 50 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.