Short Interest in ECD Automotive Design, Inc. (NASDAQ:ECDA) Grows By 17.9%

ECD Automotive Design, Inc. (NASDAQ:ECDA) was the recipient of a large increase in short interest in the month of 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 trading volume of 39,600 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.9% of the shares of the company are sold short.

ECD Automotive Design Stock Performance

NASDAQ:ECDA traded up $0.03 during mid-day trading on Monday, hitting $1.04. 103,127 shares of the stock were exchanged, compared to its average volume of 155,702. The firm’s 50-day simple moving average is $1.02 and its 200 day simple moving average is $1.08. ECD Automotive Design has a fifty-two week low of $0.75 and a fifty-two week 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.