ECD Automotive Design, Inc. (NASDAQ:ECDA) Sees Large Drop in Short Interest

ECD Automotive Design, Inc. (NASDAQ:ECDA) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 41,400 shares, a decrease of 34.4% from the October 31st total of 63,100 shares. Based on an average trading volume of 38,700 shares, the short-interest ratio is currently 1.1 days. Currently, 0.8% of the shares of the stock are sold short.

ECD Automotive Design Trading Up 1.0 %

ECDA stock traded up $0.01 during midday trading on Friday, reaching $0.98. 7,558 shares of the company’s stock traded hands, compared to its average volume of 45,278. ECD Automotive Design has a 1-year low of $0.75 and a 1-year high of $17.00. The company has a 50-day simple moving average of $1.05 and a two-hundred day simple moving average of $1.10.

ECD Automotive Design Company Profile

ECD Automotive Design, Inc engages in the production and sale of customized Land Rover vehicles in the United States. The company also provides repair or upgrade services and extended warranties to customers. It restores various vehicles, including Land Rovers Defenders, Land Rover Series IIA and III, the Range Rover Classic, and Jaguar E-Type.