ECARX Holdings Inc. (NASDAQ:ECX - Get Free Report) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 61,300 shares, a decrease of 38.1% from the December 15th total of 99,100 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 492,400 shares, the short-interest ratio is presently 0.1 days.
ECARX Stock Performance
NASDAQ:ECX traded down $0.14 during mid-day trading on Tuesday, reaching $2.01. The stock had a trading volume of 3,158,385 shares, compared to its average volume of 2,163,386. The firm has a market capitalization of $679.28 million, a price-to-earnings ratio of -4.02 and a beta of 0.35. ECARX has a twelve month low of $0.96 and a twelve month high of $3.09. The business has a 50 day simple moving average of $1.89 and a 200 day simple moving average of $1.81.
Institutional Investors Weigh In On ECARX
A hedge fund recently bought a new stake in ECARX stock. Green Alpha Advisors LLC acquired a new stake in ECARX Holdings Inc. (NASDAQ:ECX - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 78,996 shares of the company's stock, valued at approximately $167,000.
About ECARX
(
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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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