Short Interest in ECARX Holdings Inc. (NASDAQ:ECX) Decreases By 12.1%

ECARX Holdings Inc. (NASDAQ:ECX) saw a large drop in short interest in November. As of November 30th, there was short interest totalling 174,700 shares, a drop of 12.1% from the November 15th total of 198,800 shares. Based on an average trading volume of 92,900 shares, the short-interest ratio is presently 1.9 days. Currently, 0.2% of the company’s stock are sold short.

ECARX Price Performance

ECX stock traded up $0.01 during mid-day trading on Friday, reaching $1.98. The company had a trading volume of 618,300 shares, compared to its average volume of 119,457. ECARX has a 52 week low of $0.96 and a 52 week high of $3.44. The company has a market capitalization of $669.14 million, a price-to-earnings ratio of -3.96 and a beta of 0.38. The stock has a 50 day simple moving average of $1.83 and a two-hundred day simple moving average of $1.71.

About ECARX

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.