Bank of America Corp DE decreased its holdings in shares of Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) by 13.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,014,891 shares of the company's stock after selling 318,070 shares during the period. Bank of America Corp DE owned about 0.09% of Polestar Automotive Holding UK worth $2,116,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Polestar Automotive Holding UK during the fourth quarter valued at $33,000. Bank of New York Mellon Corp bought a new position in shares of Polestar Automotive Holding UK during the fourth quarter worth about $37,000. Alliancebernstein L.P. bought a new position in shares of Polestar Automotive Holding UK during the fourth quarter worth about $42,000. Tobam bought a new position in shares of Polestar Automotive Holding UK during the fourth quarter worth about $65,000. Finally, Performa Ltd US LLC grew its position in shares of 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 last quarter. Institutional investors own 1.02% of the company's stock.
Polestar Automotive Holding UK Stock Performance
Shares of Polestar Automotive Holding UK stock traded up $0.02 during trading on Friday, hitting $1.02. 1,959,088 shares of the stock were exchanged, compared to its average volume of 7,156,164. The stock's fifty day moving average is $1.05 and its 200 day moving average is $1.07. The stock has a market cap of $2.18 billion, a PE ratio of -1.79 and a beta of 1.43. Polestar Automotive Holding UK PLC has a 12 month low of $0.61 and a 12 month high of $1.94.
About Polestar Automotive Holding UK
(
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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