ECD Automotive Design, Inc. (NASDAQ:ECDA) Sees Significant Increase in Short Interest

ECD Automotive Design, Inc. (NASDAQ:ECDA) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 48,800 shares, an increase of 17.9% from the November 15th total of 41,400 shares. Based on an average daily volume of 39,600 shares, the short-interest ratio is presently 1.2 days. Approximately 0.9% of the company’s stock are sold short.

ECD Automotive Design Stock Up 2.0 %

NASDAQ:ECDA traded up $0.02 on Monday, reaching $1.03. 97,730 shares of the stock traded hands, compared to its average volume of 155,643. The company’s fifty day simple moving average is $1.02 and its 200 day simple moving average is $1.08. ECD Automotive Design has a 12 month low of $0.75 and a 12 month high of $2.35.

About ECD Automotive Design

ECD Automotive Design, Inc engages in the production and sale of customized Land Rover vehicles in the United States. The company also provides repair or upgrade services and extended warranties to customers. It restores various vehicles, including Land Rovers Defenders, Land Rover Series IIA and III, the Range Rover Classic, and Jaguar E-Type.