Polar Asset Management Partners Inc. bought a new position in shares of Elong Power Holding Limited (NASDAQ:ELPW – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 25,000 shares of the company’s stock, valued at approximately $33,000.
Separately, Yakira Capital Management Inc. purchased a new position in Elong Power in the fourth quarter worth $39,000. 88.31% of the stock is currently owned by institutional investors.
Elong Power Price Performance
Elong Power stock opened at $6.90 on Friday. Elong Power Holding Limited has a one year low of $0.56 and a one year high of $7.00. The firm has a fifty day simple moving average of $2.28.
Elong Power Profile
Elong Power Holding Ltd. engages in the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. The company was founded on August 18, 2023 and is headquartered in Ganzhou, China.
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