Millennium Management LLC purchased a new stake in shares of Mercurity Fintech Holding Inc. (NASDAQ:MFH - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 103,379 shares of the company's stock, valued at approximately $706,000. Millennium Management LLC owned about 0.17% of Mercurity Fintech at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of MFH. Y Intercept Hong Kong Ltd bought a new position in shares of Mercurity Fintech in the 4th quarter worth approximately $83,000. Cubist Systematic Strategies LLC bought a new position in shares of Mercurity Fintech in the 4th quarter worth approximately $108,000. Balyasny Asset Management L.P. bought a new position in shares of Mercurity Fintech in the 4th quarter worth approximately $174,000. Geode Capital Management LLC raised its position in shares of Mercurity Fintech by 16.3% in the 4th 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 in the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of Mercurity Fintech in the 4th quarter worth approximately $420,000. Institutional investors own 30.82% of the company's stock.
Mercurity Fintech Price Performance
Shares of NASDAQ:MFH opened at $4.22 on Friday. Mercurity Fintech Holding Inc. has a 52-week low of $1.03 and a 52-week high of $8.86. The stock has a 50 day moving average price of $5.37 and a 200-day moving average price of $6.04.
Mercurity Fintech Company Profile
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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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