EAM Investors LLC Buys New Holdings in FREYR Battery, Inc. (NYSE:FREY)

EAM Investors LLC purchased a new stake in FREYR Battery, Inc. (NYSE:FREY - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 238,119 shares of the company's stock, valued at approximately $614,000. EAM Investors LLC owned approximately 0.17% of FREYR Battery as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FREY. Barclays PLC increased its position in FREYR Battery by 14.9% during the fourth quarter. Barclays PLC now owns 168,993 shares of the company's stock worth $436,000 after buying an additional 21,869 shares in the last quarter. CenterBook Partners LP purchased a new position in FREYR Battery in the 4th quarter valued at about $640,000. Raymond James Financial Inc. acquired a new stake in shares of FREYR Battery during the 4th quarter worth about $36,000. Renaissance Technologies LLC grew its holdings in shares of FREYR Battery by 1,883.2% during the fourth quarter. Renaissance Technologies LLC now owns 592,986 shares of the company's stock worth $1,530,000 after buying an additional 563,086 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of FREYR Battery by 48.5% in the fourth quarter. Invesco Ltd. now owns 2,144,187 shares of the company's stock valued at $5,532,000 after buying an additional 700,469 shares during the last quarter. Institutional investors and hedge funds own 52.31% of the company's stock.

FREYR Battery Price Performance

NYSE:FREY traded up $0.11 during mid-day trading on Wednesday, reaching $1.14. The company's stock had a trading volume of 1,349,566 shares, compared to its average volume of 2,354,019. The stock has a market cap of $160.16 million, a P/E ratio of -1.50 and a beta of 0.94. The company's fifty day simple moving average is $1.41 and its two-hundred day simple moving average is $1.73. FREYR Battery, Inc. has a twelve month low of $0.91 and a twelve month high of $3.36.

FREYR Battery Company Profile

FREYR Battery, Inc provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Luxembourg.