Polymer Capital Management HK LTD Trims Stock Holdings in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK)

Polymer Capital Management HK LTD lowered its stake in shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) by 85.5% during the 4th quarter, HoldingsChannel reports. The fund owned 25,000 shares of the company’s stock after selling 147,078 shares during the period. Polymer Capital Management HK LTD’s holdings in ZEEKR Intelligent Technology were worth $710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Y Intercept Hong Kong Ltd purchased a new stake in shares of ZEEKR Intelligent Technology in the third quarter worth about $605,000. Barclays PLC increased its holdings in ZEEKR Intelligent Technology by 28.5% during the 3rd quarter. Barclays PLC now owns 9,456 shares of the company’s stock worth $211,000 after acquiring an additional 2,097 shares during the period. Green Alpha Advisors LLC lifted its stake in ZEEKR Intelligent Technology by 55.4% in the 4th quarter. Green Alpha Advisors LLC now owns 15,283 shares of the company’s stock worth $434,000 after purchasing an additional 5,447 shares in the last quarter. China Universal Asset Management Co. Ltd. bought a new position in ZEEKR Intelligent Technology in the 4th quarter valued at $341,000. Finally, Renaissance Capital LLC grew its position in shares of ZEEKR Intelligent Technology by 119.0% during the 4th quarter. Renaissance Capital LLC now owns 49,697 shares of the company’s stock valued at $1,410,000 after purchasing an additional 27,001 shares in the last quarter.

ZEEKR Intelligent Technology Stock Performance

Shares of ZK stock opened at $21.32 on Monday. ZEEKR Intelligent Technology Holding Limited has a 52-week low of $13.00 and a 52-week high of $33.32. The business’s fifty day moving average is $26.25 and its 200 day moving average is $25.53. The company has a market capitalization of $5.42 billion and a PE ratio of -5.44.

About ZEEKR Intelligent Technology

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.