Short Interest in ECD Automotive Design, Inc. (NASDAQ:ECDA) Decreases By 5.3%

ECD Automotive Design, Inc. (NASDAQ:ECDA) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 68,300 shares, a decline of 5.3% from the September 30th total of 72,100 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 68,700 shares, the short-interest ratio is currently 1.0 days.

ECD Automotive Design Stock Down 1.8 %

NASDAQ ECDA traded down $0.02 during trading hours on Friday, hitting $1.11. The company had a trading volume of 12,843 shares, compared to its average volume of 171,199. ECD Automotive Design has a fifty-two week low of $0.75 and a fifty-two week high of $17.00. The firm’s 50 day moving average is $1.13 and its 200 day moving average is $1.12.

ECD Automotive Design (NASDAQ:ECDA) last released its quarterly earnings data on Monday, August 19th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $8.87 million for the quarter. Research analysts anticipate that ECD Automotive Design will post -0.14 EPS for the current fiscal year.

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.