Short Interest in ECD Automotive Design, Inc. (NASDAQ:ECDA) Decreases By 84.0%

ECD Automotive Design, Inc. (NASDAQ:ECDA) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 60,392 shares, a decrease of 84.0% from the November 30th total of 376,749 shares. Approximately 5.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,242,339 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 1,242,339 shares, the days-to-cover ratio is currently 0.0 days. Approximately 5.1% of the company’s stock are sold short.

ECD Automotive Design Trading Up 32.1%

Shares of NASDAQ ECDA opened at $0.19 on Thursday. The company has a 50 day simple moving average of $1.05 and a two-hundred day simple moving average of $5.10. The stock has a market cap of $462,500.00, a price-to-earnings ratio of -0.02 and a beta of -0.34. ECD Automotive Design has a 12 month low of $0.14 and a 12 month high of $41.20.

ECD Automotive Design shares are set to reverse split on the morning of Friday, December 26th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, December 25th.

ECD Automotive Design (NASDAQ:ECDA) last released its quarterly earnings data on Thursday, November 20th. The company reported $0.60 earnings per share for the quarter. The company had revenue of $5.78 million for the quarter. Analysts forecast that ECD Automotive Design will post -0.14 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ECDA shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ECD Automotive Design in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of ECD Automotive Design from a “strong sell” rating to a “hold” rating in a research note on Saturday, November 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

More ECD Automotive Design News

Here are the key news stories impacting ECD Automotive Design this week:

• Positive Sentiment: ECD announced six orders under a newly announced third‑party build agreement, to be executed at its Kissimmee, FL facility in H1 2026 — the company says this will boost factory utilization, contribution margins and help its path toward cash‑flow breakeven. Article Title
• Positive Sentiment: Short interest data show a large reported decline (as of Dec. 15 short interest down ~84% to ~60,392 shares, ~5.1% of float). A marked drop in short interest can reduce selling pressure from shorts and remove a bearish technical overhang, which may support upward price moves. (Market data entry)
• Neutral Sentiment: ECD rolled out Project Inizio, a product showcase highlighting modernization of its Series vehicles — a branding/marketing product push that supports long‑term demand but is unlikely to produce immediate material revenue. Article Title
• Neutral Sentiment: Some short‑interest reports show conflicting/zero values (Dec. 24 entry showing 0 shares), indicating data inconsistencies across providers — investors should treat short‑interest metrics cautiously until confirmed by reliable sources. (Market data entry)
• Negative Sentiment: The exchange temporarily halted ECDA trading citing “News pending,” which typically increases uncertainty and can amplify volatility when trading resumes. (Market event)
• Negative Sentiment: ECD announced a 1‑for‑5 reverse stock split effective Dec. 26. Reverse splits are often used to address low share price or listing requirements and can be viewed negatively by some investors, though they are largely administrative in nature. Article Title

ECD Automotive Design Company Profile

ECD Automotive Design Inc (NASDAQ: ECDA) is a full-service automotive design and engineering firm specializing in concept development, color and trim, digital visualization, and physical prototyping. The company delivers end-to-end solutions for both interior and exterior vehicle programs, encompassing clay modeling, rapid prototyping, ergonomic studies, and show-car fabrication. By integrating creative design with engineering validation, ECD helps original equipment manufacturers (OEMs) and Tier 1 suppliers advance new vehicle concepts from initial sketches through to production-ready components.

Headquartered in Charlotte, North Carolina, ECD serves clients across North America, Europe, and Asia, collaborating on projects that range from concept research and design language exploration to detailed packaging and manufacturing feasibility.