OMERS ADMINISTRATION Corp Invests $325,000 in HUYA Inc. Sponsored ADR $HUYA

Key Points

• OMERS ADMINISTRATION Corp invested $325,000 in HUYA Inc. by acquiring 101,200 shares during the first quarter, reflecting growing institutional interest in the stock.
• Other institutional investors, including BRIGHT VALLEY CAPITAL Ltd and Nuveen LLC, also made notable acquisitions, indicating an increase in institutional ownership of HUYA to 23.20%.
• As of the reported date, HUYA shares opened at $3.78, with a market capitalization of approximately $839.39 million and a 52-week price range between $2.21 and $6.43.

OMERS ADMINISTRATION Corp bought a new position in shares of HUYA Inc. Sponsored ADR (NYSE:HUYA - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 101,200 shares of the company's stock, valued at approximately $325,000.

Several other hedge funds also recently made changes to their positions in HUYA. National Bank of Canada FI bought a new position in shares of HUYA during the 1st quarter valued at approximately $32,000. Virtu Financial LLC purchased a new position in HUYA during the 1st quarter valued at about $93,000. Y Intercept Hong Kong Ltd purchased a new position in shares of HUYA during the first quarter valued at approximately $110,000. Nuveen LLC bought a new stake in HUYA during the first quarter valued at approximately $220,000. Finally, XTX Topco Ltd purchased a new position in shares of HUYA in the first quarter worth $263,000. 23.20% of the stock is owned by institutional investors.

HUYA Stock Performance

HUYA stock traded down $0.13 during midday trading on Monday, hitting $3.46. 1,027,619 shares of the company's stock were exchanged, compared to its average volume of 1,987,822. The firm has a 50-day moving average of $3.24 and a two-hundred day moving average of $3.51. The company has a market cap of $768.22 million, a PE ratio of -38.38 and a beta of 0.76. HUYA Inc. Sponsored ADR has a 12 month low of $2.21 and a 12 month high of $6.43.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.