Anson Funds Management LP Acquires New Shares in FingerMotion, Inc. (NASDAQ:FNGR)

Anson Funds Management LP acquired a new position in shares of FingerMotion, Inc. (NASDAQ:FNGR - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 725,641 shares of the company's stock, valued at approximately $871,000. Anson Funds Management LP owned about 1.27% of FingerMotion at the end of the most recent quarter.

Separately, Virtu Financial LLC increased its stake in shares of FingerMotion by 66.6% during the third quarter. Virtu Financial LLC now owns 38,439 shares of the company's stock worth $84,000 after acquiring an additional 15,360 shares during the period. 3.90% of the stock is currently owned by institutional investors.

FingerMotion Stock Up 3.8 %

Shares of FingerMotion stock traded up $0.12 during trading on Thursday, reaching $3.28. The company's stock had a trading volume of 665,923 shares, compared to its average volume of 308,907. FingerMotion, Inc. has a 12-month low of $1.03 and a 12-month high of $3.65. The business has a 50 day moving average price of $1.59 and a 200-day moving average price of $1.58. The company has a market capitalization of $187.42 million, a P/E ratio of -32.80 and a beta of -0.85.

FingerMotion Profile

FingerMotion, Inc, a mobile data specialist company, provides mobile payment and recharge platform system in China. The company offers telecommunication products and services, including data plans, subscription plans, mobile phones, and loyalty points redemption services; bulk short message service and multimedia messaging services; and Rich Communication Services (RCS) platform, a proprietary business messaging platform that enables businesses and brands to communicate and service their customers on the 5G infrastructure.