Millennium Management LLC lessened its position in Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) by 72.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 233,812 shares of the company's stock after selling 621,911 shares during the period. Millennium Management LLC's holdings in Polestar Automotive Holding UK were worth $246,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in Polestar Automotive Holding UK during the fourth quarter worth $33,000. Bank of New York Mellon Corp bought a new position in shares of Polestar Automotive Holding UK in the fourth quarter valued at about $37,000. Alliancebernstein L.P. bought a new position in shares of Polestar Automotive Holding UK in the fourth quarter valued at about $42,000. Performa Ltd US LLC increased its position in Polestar Automotive Holding UK by 23.6% during the fourth 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 period. Finally, Barclays PLC bought a new position in Polestar Automotive Holding UK in the 4th quarter valued at about $94,000. Institutional investors own 1.02% of the company's stock.
Polestar Automotive Holding UK Stock Performance
Shares of Polestar Automotive Holding UK stock traded down $0.02 during midday trading on Friday, hitting $1.03. 2,088,018 shares of the company traded hands, compared to its average volume of 7,084,872. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of -1.81 and a beta of 1.43. The firm's fifty day moving average price is $1.06 and its 200-day moving average price is $1.07. Polestar Automotive Holding UK PLC has a 12 month low of $0.61 and a 12 month high of $1.94.
Polestar Automotive Holding UK Company 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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