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

ECARX Holdings Inc. (NASDAQ:ECX) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 207,300 shares, an increase of 27.3% from the October 15th total of 162,900 shares. Based on an average daily volume of 46,200 shares, the short-interest ratio is currently 4.5 days. Approximately 0.2% of the company’s shares are short sold.

ECARX Price Performance

NASDAQ ECX opened at $1.72 on Friday. ECARX has a 1 year low of $0.96 and a 1 year high of $3.44. The business’s 50-day moving average is $1.82 and its 200 day moving average is $1.66.

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.