In today’s recent session, 0.57 million shares of the Phoenix Motor Inc (NASDAQ:PEV) have been traded, and its beta is 1.28. Most recently the company’s share price was $0.33, and it changed around $0.02 or 6.18% from the last close, which brings the market valuation of the company to $12.39M. PEV at last check was trading at a discount to its 52-week high of $1.60, offering almost -384.85% off that amount. The share price’s 52-week low was $0.27, which indicates that the recent value has risen by an impressive 18.18% since then. We note from Phoenix Motor Inc’s average daily trading volume that its 10-day average is 0.53 million shares, with the 3-month average coming to 5.73 million.

Phoenix Motor Inc (NASDAQ:PEV) trade information

Instantly PEV has been showing a green trend so far today with a performance of 6.18% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.3489 on recent trading dayincreased the stock’s daily price by 5.42%. The company’s shares are currently down -68.50% year-to-date, but still up 10.86% over the last five days. On the other hand, Phoenix Motor Inc (NASDAQ:PEV) is -2.85% down in the 30-day period. We can see from the shorts that 0.55 million shares have been sold at a short interest cover period of 0.53 day(s).

Phoenix Motor Inc (NASDAQ:PEV)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 66.23% of Phoenix Motor Inc shares, and 0.85% of them are in the hands of institutional investors. The stock currently has a share float of 2.50%. Phoenix Motor Inc stock is held by 9.0 institutions, with GEODE CAPITAL MANAGEMENT, LLC being the largest institutional investor. By 2024-06-30, it held 0.5589% of the shares, which is about 0.12 million shares worth $39818.0.

HARVEST FUND MANAGEMENT CO., LTD, with 0.1094% or 23185.0 shares worth $8000.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.