Ghisallo Capital Management LLC Sells 45,000 Shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK)

Ghisallo Capital Management LLC lowered its holdings in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) by 64.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 25,000 shares of the company’s stock after selling 45,000 shares during the period. Ghisallo Capital Management LLC’s holdings in ZEEKR Intelligent Technology were worth $710,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ZK. Barclays PLC raised its holdings in shares of ZEEKR Intelligent Technology by 28.5% in the 3rd quarter. Barclays PLC now owns 9,456 shares of the company’s stock worth $211,000 after buying an additional 2,097 shares in the last quarter. Quantbot Technologies LP bought a new stake in ZEEKR Intelligent Technology in the fourth quarter valued at $86,000. JPMorgan Chase & Co. acquired a new position in ZEEKR Intelligent Technology during the fourth quarter worth $145,000. Green Alpha Advisors LLC lifted its holdings in shares of ZEEKR Intelligent Technology by 55.4% during the fourth quarter. Green Alpha Advisors LLC now owns 15,283 shares of the company’s stock valued at $434,000 after acquiring an additional 5,447 shares during the period. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter valued at $202,000.

ZEEKR Intelligent Technology Stock Up 2.4 %

Shares of ZEEKR Intelligent Technology stock opened at $20.86 on Friday. ZEEKR Intelligent Technology Holding Limited has a 12-month low of $13.00 and a 12-month high of $33.32. The stock has a market capitalization of $5.30 billion and a P/E ratio of -5.32. The company has a 50-day simple moving average of $24.31 and a 200 day simple moving average of $25.25.

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.