In a filing, Full Truck Alliance Co Ltd ADR revealed its Affiliate HSG Growth IV Holdco A Ltd acquired Company’s shares for reported $13.36 million on Mar 11 ’25. In the deal valued at $12.61 per share,1,059,947 shares were bought.
Then, HSG Growth IV Holdco A Ltd bought 845,240 shares, generating $10,476,327 in total proceeds.
Before that, HSG Growth IV Holdco A Ltd bought 816,635 shares. Full Truck Alliance Co Ltd ADR shares valued at $10,755,246 were divested by the Affiliate at a price of $13.17 per share.
JP Morgan upgraded its Full Truck Alliance Co Ltd ADR [YMM] rating to an Overweight from a a Neutral in a research note published on March 06, 2025; the price target was increased to $18 from $13. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. JP Morgan also remained covering YMM and has decreased its forecast on December 11, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Morgan Stanley started covering the stock on July 05, 2023. It rated YMM as “an Overweight”.
Price Performance Review of YMM
On Tuesday, Full Truck Alliance Co Ltd ADR [NYSE:YMM] saw its stock fall -1.10% to $13.53. Over the last five days, the stock has gained 7.55%. Full Truck Alliance Co Ltd ADR shares have risen nearly 25.05% since the year began. Nevertheless, the stocks have risen 75.94% over the past one year. While a 52-week high of $13.85 was reached on 03/17/25, a 52-week low of $6.66 was recorded on 01/10/25. SMA at 50 days reached $11.88, while 200 days put it at $9.52.
Levels Of Support And Resistance For YMM Stock
The 24-hour chart illustrates a support level at 13.38, which if violated will result in even more drops to 13.22. On the upside, there is a resistance level at 13.72. A further resistance level may holdings at 13.91. The Relative Strength Index (RSI) on the 14-day chart is 63.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.05%. Stochastics %K at 85.11% indicates the stock is a selling.
How much short interest is there in Full Truck Alliance Co Ltd ADR?
A steep rise in short interest was recorded in Full Truck Alliance Co Ltd ADR stocks on 2025-02-28, dropping by -9.55 million shares to a total of 21.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 30.88 million shares. There was a decline of -44.81%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 09, 2023 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating .
