Wolverine Asset Management LLC raised its stake in shares of ECARX Holdings Inc. (NASDAQ:ECXWW – Free Report) by 170.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 255,885 shares of the company’s stock after acquiring an additional 161,206 shares during the quarter. Wolverine Asset Management LLC’s holdings in ECARX were worth $38,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in ECXWW. Aristeia Capital LLC bought a new position in shares of ECARX in the 4th quarter worth about $68,000. Radcliffe Capital Management L.P. bought a new position in shares of ECARX in the 4th quarter worth about $3,162,000. Boothbay Fund Management LLC bought a new position in shares of ECARX in the 4th quarter worth about $1,285,000. Finally, Athos Capital Ltd bought a new position in shares of ECARX in the 4th quarter worth about $860,000.
ECARX Stock Performance
ECARX stock opened at $0.07 on Thursday. The firm’s 50-day moving average is $0.08 and its 200-day moving average is $0.10. ECARX Holdings Inc. has a 1 year low of $0.04 and a 1 year high of $0.25.
About ECARX
ECARX Holdings, Inc develops hardware and software solutions for the development of connected, automated, and electrified mobility. Its products include infotainment head units, digital cockpits, and vehicle chip-set, as well as operating system and software stack. The company was founded in 2017 and is based in Shanghai, China.
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