29,459 Shares in Elong Power Holding Limited (NASDAQ:ELPW) Purchased by Yakira Capital Management Inc.

Yakira Capital Management Inc. acquired a new stake in shares of Elong Power Holding Limited (NASDAQ:ELPW) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 29,459 shares of the company’s stock, valued at approximately $39,000. Yakira Capital Management Inc. owned about 0.06% of Elong Power as of its most recent SEC filing.

Elong Power Trading Up 7.7 %

NASDAQ:ELPW opened at $0.89 on Friday. Elong Power Holding Limited has a 12-month low of $0.56 and a 12-month high of $2.38. The company has a 50 day moving average of $0.85.

About Elong Power

Elong Power Holding Ltd. engages in the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. The company was founded on August 18, 2023 and is headquartered in Ganzhou, China.