Caxton Associates LP Takes $473,000 Position in ATRenew Inc. (NYSE:RERE)

Caxton Associates LP acquired a new stake in ATRenew Inc. (NYSE:RERE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 164,358 shares of the company's stock, valued at approximately $473,000. Caxton Associates LP owned approximately 0.07% of ATRenew at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of RERE. SG Americas Securities LLC bought a new position in ATRenew during the fourth quarter worth about $137,000. QRG Capital Management Inc. bought a new position in ATRenew during the fourth quarter worth about $48,000. Prescott Group Capital Management L.L.C. grew its holdings in ATRenew by 31.3% during the fourth quarter. Prescott Group Capital Management L.L.C. now owns 3,035,436 shares of the company's stock worth $8,742,000 after purchasing an additional 724,415 shares during the period. Harvest Fund Management Co. Ltd lifted its position in ATRenew by 33.4% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 1,399,214 shares of the company's stock worth $4,016,000 after acquiring an additional 350,000 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in ATRenew by 16.2% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,401 shares of the company's stock worth $162,000 after acquiring an additional 7,883 shares during the last quarter. Institutional investors own 19.29% of the company's stock.

ATRenew Trading Up 2.3%

RERE stock traded up $0.06 during mid-day trading on Tuesday, hitting $2.65. 434,153 shares of the company were exchanged, compared to its average volume of 1,114,319. The business has a 50 day simple moving average of $2.70 and a 200-day simple moving average of $2.78. The stock has a market capitalization of $646.26 million, a PE ratio of -52.99, a price-to-earnings-growth ratio of 0.41 and a beta of 0.06. ATRenew Inc. has a 1-year low of $2.00 and a 1-year high of $3.70.

ATRenew Company Profile

ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.