NWTN Inc. (NASDAQ:NWTN – Get Free Report)’s share price traded up 4.8% during mid-day trading on Thursday . The stock traded as high as $1.90 and last traded at $1.97. 248,019 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 531,382 shares. The stock had previously closed at $1.88.
NWTN Price Performance
The company’s 50 day moving average is $0.94 and its 200-day moving average is $0.83.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in NWTN stock. Y Intercept Hong Kong Ltd bought a new stake in shares of NWTN Inc. (NASDAQ:NWTN – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 179,300 shares of the company’s stock, valued at approximately $126,000. Institutional investors and hedge funds own 0.20% of the company’s stock.
About NWTN
NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.
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