Li Auto stock is trading -47.11% below its average target price of $33.25 after dropping -17.1% during today's afternoon session. Analysts are giving the Large-Cap Auto Manufacturers company an average rating of buy and target prices ranging from $21.01 to $68.04 per share.
Li Auto has an average level of shares sold short, at 5.7% of its total share float. The stock's short ratio (also called days to cover) is 6.21. At 0.09%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Institutional investors own 8.5% of Li Auto's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Li Auto
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Xiamen Xinweidachuang Investment Partnership (limited Partnership) | 1% | 9,153,177 | $160,958,609 |
| 2024-06-30 | Renaissance Technologies, LLC | 1% | 7,253,500 | $127,552,790 |
| 2024-06-30 | Aspex Management (HK) Ltd | 1% | 6,865,463 | $120,729,160 |
| 2024-06-30 | Brilliance Asset Management Ltd | 0% | 4,267,403 | $75,042,277 |
| 2024-06-30 | Morgan Stanley | 0% | 4,093,048 | $71,976,245 |
| 2024-06-30 | Millennium Management Llc | 0% | 3,489,392 | $61,360,955 |
| 2024-06-30 | Bank of America Corporation | 0% | 3,405,036 | $59,877,554 |
| 2024-06-30 | UBS Group AG | 0% | 2,082,441 | $36,619,723 |
| 2024-06-30 | RWC Asset Advisors (US) LLC | 0% | 1,708,036 | $30,035,811 |
| 2024-06-30 | First Beijing Investment Ltd | 0% | 1,648,062 | $28,981,168 |
