Atlis Motor Vehicles (NASDAQ:AMV) Shares Down 1.5%

Atlis Motor Vehicles, Inc. (NASDAQ:AMV – Get Rating) shares fell 1.5% during mid-day trading on Wednesday . The stock traded as low as $0.49 and last traded at $0.50. 460,200 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 2,858,217 shares. The stock had previously closed at $0.51.

Atlis Motor Vehicles Stock Down 1.5 %

The company has a 50 day moving average price of $0.55 and a 200-day moving average price of $3.37.

Hedge Funds Weigh In On Atlis Motor Vehicles

Several hedge funds and other institutional investors have recently modified their holdings of AMV. UBS Group AG acquired a new stake in shares of Atlis Motor Vehicles during the 4th quarter valued at $30,000. Renaissance Technologies LLC acquired a new stake in shares of Atlis Motor Vehicles during the 4th quarter valued at $40,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Atlis Motor Vehicles during the 4th quarter valued at $51,000. Virtu Financial LLC acquired a new stake in shares of Atlis Motor Vehicles during the 1st quarter valued at $27,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of Atlis Motor Vehicles during the 1st quarter valued at $35,000.

Atlis Motor Vehicles Company Profile

(Get Rating)

Atlis Motor Vehicles, Inc develops and manufactures electric vehicle trucks and charging infrastructure. The company offers ATLIS Energy, a superior battery technology solution; ATLIS Charging, an advanced charging station; ATLIS XP; and ATLIS XT pickup truck. Its target customers for the Atlis XT are work vehicle fleet owners and individual buyers; and Atlis XP Platform are work vehicle and upfit vehicle manufacturers.