Deutsche Bank AG purchased a new stake in shares of Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 648,766 shares of the company's stock, valued at approximately $681,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Performa Ltd US LLC grew its position in Polestar Automotive Holding UK by 23.6% during the 4th quarter. Performa Ltd US LLC now owns 82,520 shares of the company's stock worth $87,000 after acquiring an additional 15,752 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Polestar Automotive Holding UK during the fourth quarter valued at about $33,000. Bank of New York Mellon Corp bought a new stake in shares of Polestar Automotive Holding UK during the fourth quarter worth about $37,000. Alliancebernstein L.P. bought a new stake in shares of Polestar Automotive Holding UK during the fourth quarter worth about $42,000. Finally, Tobam acquired a new position in shares of Polestar Automotive Holding UK in the fourth quarter valued at approximately $65,000. 1.02% of the stock is owned by institutional investors.
Polestar Automotive Holding UK Stock Performance
Shares of Polestar Automotive Holding UK stock traded up $0.01 on Friday, hitting $1.09. The stock had a trading volume of 3,097,266 shares, compared to its average volume of 7,264,305. The stock has a 50 day moving average of $1.06 and a 200 day moving average of $1.08. The firm has a market capitalization of $2.33 billion, a P/E ratio of -1.91 and a beta of 1.43. Polestar Automotive Holding UK PLC has a twelve month low of $0.61 and a twelve month high of $1.94.
Polestar Automotive Holding UK Profile
(
Free Report)
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
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