Allspring Global Investments Holdings LLC bought a new stake in shares of Cenntro Electric Group Limited (NASDAQ:CENN – Get Rating) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 29,940 shares of the company's stock, valued at approximately $30,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. State Street Corp purchased a new stake in shares of Cenntro Electric Group during the second quarter worth about $5,295,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. purchased a new stake in shares of Cenntro Electric Group during the second quarter worth about $610,000. Virtu Financial LLC purchased a new stake in shares of Cenntro Electric Group during the second quarter worth about $471,000. Rhumbline Advisers purchased a new stake in shares of Cenntro Electric Group during the second quarter worth about $386,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Cenntro Electric Group during the third quarter worth about $172,000. 8.17% of the stock is currently owned by hedge funds and other institutional investors.

Cenntro Electric Group Trading Up 3.0 %

Shares of NASDAQ CENN opened at $0.79 on Thursday. Cenntro Electric Group Limited has a 12 month low of $0.26 and a 12 month high of $3.00. The company has a 50-day simple moving average of $0.50 and a 200-day simple moving average of $0.96.

About Cenntro Electric Group

Cenntro Electric Group Ltd. is an EV technology company that designs and manufactures electric light and medium duty commercial vehicles. The company's ECVs are designed to serve a variety of corporate and governmental organizations in support of city services, last-mile delivery and other commercial applications.

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