The Latest Trends in XPeng Stocks
XPeng Inc. has seen a significant rise in short interest, reaching approximately 49.88 million shares by the end of November, a 16% increase in two weeks. With an average daily trading volume of 15.4 million shares, the short-interest ratio is 3.2 days. Institutional investments have shifted, with hedge funds like Virtu Financial and Y Intercept making notable purchases. XPeng’s shares opened at $12.30, with a market cap of $11.59 billion. Analysts have mixed views, with Macquarie upgrading to “outperform” while Citigroup lowered its target price to $13.70, leading to a consensus rating of “Moderate Buy.”