NIO Inc ADR (NYSE:NIO) has a beta value of 1.96 and has seen 13.25 million shares traded in the recent trading session. The company, currently valued at $8.95B, closed the recent trade at $5.70 per share which meant it gained $0.12 on the day or 2.15% during that session. The NIO stock price is -183.86% off its 52-week high price of $16.18 and 16.14% above the 52-week low of $4.78. If we look at the company’s 10-day average daily trading volume, we find that it stood at 57.35 million shares traded. The 3-month trading volume is 62.87 million shares.
NIO Inc ADR (NYSE:NIO) trade information
Sporting 2.15% in the green today, the stock has traded in the red over the last five days, when the NIO stock price touched $5.70 or saw a rise of 9.52%. Year-to-date, NIO Inc ADR shares have moved -37.16%, while the 5-day performance has seen it change -6.56%. Over the past 30 days, the shares of NIO Inc ADR (NYSE:NIO) have changed -6.40%. Short interest in the company has seen 179.2 million shares shorted with days to cover at 3.46.
NIO Inc ADR (NIO) estimates and forecasts
Figures show that NIO Inc ADR shares have outperformed across the wider relevant industry. The company’s shares have lost -45.35% over the past 6 months, with this year growth rate of 34.86%, compared to 14.20% for the industry.
NIO Dividends
NIO Inc ADR is expected to release its next earnings report between June 07 and June 11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
NIO Inc ADR (NYSE:NIO)’s Major holders
Insiders own 6.27% of the company shares, while shares held by institutions stand at 22.76% with a share float percentage of 24.28%. Investors are also buoyed by the number of investors in a company, with NIO Inc ADR having a total of 703 institutions that hold shares in the company. The top two institutional holders are Baillie Gifford and Company with over 119.46 million shares worth more than $1.16 billion. As of Jun 29, 2023, Baillie Gifford and Company held 7.61% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 66.79 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $647.24 million and represent 4.25% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Growth Fund and Vanguard International Stock Index-Emerging Markets Stk. As of May 30, 2023, the former fund manager holds about 2.46% shares in the company for having 38.61 million shares of worth $290.73 million while later fund manager owns 16.55 million shares of worth $253.2 million as of Jul 30, 2023, which makes it owner of about 1.05% of company’s outstanding stock.
