Millennium Management LLC purchased a new stake in shares of Mercurity Fintech Holding Inc. (NASDAQ:MFH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 103,379 shares of the company's stock, valued at approximately $706,000. Millennium Management LLC owned approximately 0.17% of Mercurity Fintech at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of MFH. Geode Capital Management LLC lifted its stake in Mercurity Fintech by 16.3% in the fourth quarter. Geode Capital Management LLC now owns 29,969 shares of the company's stock worth $205,000 after acquiring an additional 4,201 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in shares of Mercurity Fintech during the 4th quarter worth approximately $83,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Mercurity Fintech during the 4th quarter worth approximately $108,000. Balyasny Asset Management L.P. acquired a new stake in Mercurity Fintech in the 4th quarter valued at $174,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in Mercurity Fintech in the 4th quarter valued at $420,000. Hedge funds and other institutional investors own 30.82% of the company's stock.
Mercurity Fintech Trading Up 1.9%
MFH traded up $0.08 on Wednesday, hitting $4.22. 3,401,660 shares of the company's stock were exchanged, compared to its average volume of 162,822. The firm has a 50-day moving average price of $5.32 and a 200-day moving average price of $6.03. Mercurity Fintech Holding Inc. has a fifty-two week low of $1.03 and a fifty-two week high of $8.86.
Mercurity Fintech Profile
(
Free Report)
Mercurity Fintech Holding Inc operates as a fintech company powered by blockchain. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders; and asset digitalization platform, which offers blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals.
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