In the latest trading session, 0.97 million Phoenix Motor Inc (NASDAQ:PEV) shares changed hands as the company’s beta touched -0.26. With the company’s most recent per share price at $0.70 changing hands around $0.03 or 4.54% at last look, the market valuation stands at $32.20M. PEV’s current price is a discount, trading about -98.57% off its 52-week high of $1.39. The share price had its 52-week low at $0.20, which suggests the last value was 71.43% up since then. When we look at Phoenix Motor Inc’s average trading volume, we note the 10-day average is 11.16 million shares, with the 3-month average coming to 7.75 million.
Phoenix Motor Inc (NASDAQ:PEV) trade information
Instantly PEV is in green as seen in intraday trades today. With action 75.16%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 133.43%, with the 5-day performance at 75.16% in the green. However, in the 30-day time frame, Phoenix Motor Inc (NASDAQ:PEV) is 40.62% up. Looking at the short shares, we see there were 0.15 million shares sold at short interest cover period of 0.01 days.
Phoenix Motor Inc (NASDAQ:PEV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 53.90% of Phoenix Motor Inc shares while 1.23% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 2.66%. There are 1.23% institutions holding the Phoenix Motor Inc stock share, with GEODE CAPITAL MANAGEMENT, LLC the top institutional holder. As of 2024-06-30, the company held 0.5589% of the shares, roughly 0.12 million PEV shares worth $39818.0.
HARVEST FUND MANAGEMENT CO., LTD holds the second largest percentage of outstanding shares, with 0.1094% or 23185.0 shares worth $8000.0 as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund. With 82.15 shares estimated at $56439.0 under it, the former controlled 0.18% of total outstanding shares. On the other hand, Fidelity Total Market Index Fund held about 0.08% of the shares, roughly 37.57 shares worth around $25808.0.
