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

Polymer Capital Management HK LTD cut its position in shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) by 85.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,000 shares of the company’s stock after selling 147,078 shares during the quarter. Polymer Capital Management HK LTD’s holdings in ZEEKR Intelligent Technology were worth $710,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in shares of ZEEKR Intelligent Technology in the 4th quarter worth approximately $86,000. JPMorgan Chase & Co. purchased a new position in ZEEKR Intelligent Technology in the fourth quarter worth $145,000. Envestnet Asset Management Inc. bought a new position in ZEEKR Intelligent Technology in the 4th quarter valued at $202,000. Barclays PLC increased its position in shares of ZEEKR Intelligent Technology by 28.5% during the 3rd quarter. Barclays PLC now owns 9,456 shares of the company’s stock valued at $211,000 after purchasing an additional 2,097 shares during the last quarter. Finally, Wells Fargo & Company MN purchased a new position in shares of ZEEKR Intelligent Technology in the 4th quarter worth about $217,000.

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 firm’s 50-day simple moving average is $26.25 and its two-hundred day simple moving average is $25.53. The firm has a market cap of $5.42 billion and a price-to-earnings ratio of -5.44.

ZEEKR Intelligent Technology Profile

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.