ZEEKR Intelligent Technology Holding Limited (NYSE:ZK – Get Free Report) shares were up 7.4% on Wednesday . The stock traded as high as $27.88 and last traded at $27.90. Approximately 244,337 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 547,797 shares. The stock had previously closed at $25.97.
ZEEKR Intelligent Technology Stock Performance
The stock’s 50 day moving average is $26.31 and its 200-day moving average is $23.82.
Institutional Trading of ZEEKR Intelligent Technology
Several hedge funds have recently made changes to their positions in ZK. HITE Hedge Asset Management LLC increased its stake in ZEEKR Intelligent Technology by 52.4% during the third quarter. HITE Hedge Asset Management LLC now owns 48,202 shares of the company’s stock worth $1,074,000 after acquiring an additional 16,564 shares during the last quarter. Polymer Capital Management HK LTD purchased a new position in shares of ZEEKR Intelligent Technology in the 3rd quarter worth approximately $3,836,000. Y Intercept Hong Kong Ltd bought a new position in shares of ZEEKR Intelligent Technology during the 3rd quarter valued at approximately $605,000. Barclays PLC raised its holdings in ZEEKR Intelligent Technology by 28.5% during the 3rd quarter. Barclays PLC now owns 9,456 shares of the company’s stock valued at $211,000 after buying an additional 2,097 shares during the period. Finally, Green Alpha Advisors LLC lifted its position in ZEEKR Intelligent Technology by 55.4% in the fourth quarter. Green Alpha Advisors LLC now owns 15,283 shares of the company’s stock worth $434,000 after buying an additional 5,447 shares during the last quarter.
ZEEKR Intelligent Technology Company Profile
ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.
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