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ECARX Holdings Inc. (NASDAQ:ECX) Sees Large Increase in Short Interest

ECARX logo with Business Services background

ECARX Holdings Inc. (NASDAQ:ECX - Get Free Report) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 207,300 shares, a growth of 27.3% from the October 15th total of 162,900 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 46,200 shares, the short-interest ratio is currently 4.5 days.

ECARX Price Performance

NASDAQ ECX traded down $0.02 during trading on Friday, reaching $1.72. The company's stock had a trading volume of 14,424 shares, compared to its average volume of 101,065. The firm has a fifty day moving average of $1.82 and a 200 day moving average of $1.66. ECARX has a one year low of $0.96 and a one year high of $3.44. The stock has a market capitalization of $581.27 million, a PE ratio of -3.44 and a beta of 0.33.

About ECARX

(Get Free Report)

ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.

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