Tritium DCFC (NASDAQ:DCFC) Stock Price Up 6.7%

Tritium DCFC Limited (NASDAQ:DCFC) traded up 6.7% on Wednesday . The company traded as high as $1.25 and last traded at $0.95. 52,592 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 111,089 shares. The stock had previously closed at $0.89.

Tritium DCFC Trading Down 20.6 %

The business has a 50-day simple moving average of $13.17 and a 200-day simple moving average of $30.51.

Institutional Investors Weigh In On Tritium DCFC

An institutional investor recently raised its position in Tritium DCFC stock. Bowman & Co S.C. increased its stake in shares of Tritium DCFC Limited (NASDAQ:DCFC) by 105.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 265,283 shares of the company’s stock after purchasing an additional 136,304 shares during the period. Bowman & Co S.C. owned 0.16% of Tritium DCFC worth $58,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 8.27% of the company’s stock.

Tritium DCFC Company Profile

Tritium DCFC Limited designs, manufactures, and supplies direct current chargers for electric vehicles in Australia and internationally. The company's charging station hardware portfolio includes various standalone chargers and distributed chargers. Its service and maintenance portfolio includes warranties, service level agreements, and sales of spare parts.