ECARX Holdings Inc. (NASDAQ:ECX) Short Interest Update

Posted by Alphonse Anthony on Mar 14th, 2025

ECARX Holdings Inc. (NASDAQ:ECX – Get Free Report) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 593,900 shares, a growth of 576.4% from the February 13th total of 87,800 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 1,730,000 shares, the short-interest ratio is currently 0.3 days.

ECARX Stock Down 1.2 %

NASDAQ:ECX traded down $0.04 during mid-day trading on Friday, hitting $2.80. 900,878 shares of the stock traded hands, compared to its average volume of 595,669. The business’s 50-day moving average price is $2.05 and its 200 day moving average price is $1.91. The company has a market cap of $944.57 million, a PE ratio of -5.67 and a beta of 0.22. ECARX has a 12-month low of $0.96 and a 12-month high of $3.25.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Two Sigma Securities LLC purchased a new stake in shares of ECARX in the fourth quarter worth $30,000. Tower Research Capital LLC TRC bought a new position in ECARX in the 4th quarter worth about $32,000. XTX Topco Ltd purchased a new stake in shares of ECARX in the 4th quarter valued at about $52,000. Citadel Advisors LLC bought a new stake in shares of ECARX during the 4th quarter valued at about $68,000. Finally, Green Alpha Advisors LLC purchased a new position in shares of ECARX during the fourth quarter worth about $167,000.

Wall Street Analysts Forecast Growth

Separately, UBS Group initiated coverage on ECARX in a report on Tuesday, February 11th. They set a “buy” rating and a $3.20 target price for the company.

Check Out Our Latest Stock Analysis on ECARX

ECARX Company Profile

(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.