OMERS ADMINISTRATION Corp Purchases New Position 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 purchased a new position in shares of HUYA Inc. Sponsored ADR (NYSE:HUYA - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 101,200 shares of the company's stock, valued at approximately $325,000.

Other large investors also recently made changes to their positions in the company. National Bank of Canada FI acquired a new stake in shares of HUYA during the 1st quarter worth $32,000. Virtu Financial LLC purchased a new position in shares of HUYA in the 1st quarter worth $93,000. Y Intercept Hong Kong Ltd purchased a new position in shares of HUYA in the 1st quarter worth $110,000. Nuveen LLC purchased a new position in shares of HUYA in the 1st quarter worth $220,000. Finally, XTX Topco Ltd purchased a new position in shares of HUYA in the 1st quarter worth $263,000. Hedge funds and other institutional investors own 23.20% of the company's stock.

HUYA Stock Performance

Shares of HUYA traded down $0.02 during trading hours on Tuesday, hitting $3.47. The stock had a trading volume of 333,033 shares, compared to its average volume of 1,979,869. The firm has a market cap of $770.44 million, a P/E ratio of -38.61 and a beta of 0.76. The company's fifty day simple moving average is $3.23 and its 200 day simple moving average is $3.51. HUYA Inc. Sponsored ADR has a 12-month low of $2.21 and a 12-month high of $6.43.

HUYA 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.