ECARX Holdings Inc. (NASDAQ:ECX) Short Interest Up 27.3% in October

ECARX Holdings Inc. (NASDAQ:ECX) was the target of a large growth in short interest during the month of 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. Approximately 0.2% of the company’s shares 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

Shares of ECARX stock traded up $0.01 during trading on Friday, hitting $1.75. The stock had a trading volume of 2,875 shares, compared to its average volume of 101,008. ECARX has a 12 month low of $0.96 and a 12 month high of $3.44. The firm’s fifty day simple moving average is $1.82 and its 200-day simple moving average is $1.66.

ECARX Company Profile

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.