OMERS ADMINISTRATION Corp Decreases Position in KULR Technology Group, Inc. $KULR

Key Points

• OMERS ADMINISTRATION Corp reduced its stake in KULR Technology Group by 51.3%, selling 177,800 shares, leaving it with 169,000 shares valued at approximately $223,000.
• Other institutional investors significantly increased their holdings, with Bank of America Corp DE boosting its position by 23,476.3% and acquiring an additional 296,506 shares.
• KULR Technology Group's stock is currently trading at $4.44, reflecting a market capitalization of $182.53 million and a price-to-earnings ratio of -7.66.

OMERS ADMINISTRATION Corp reduced its holdings in shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) by 51.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 169,000 shares of the company's stock after selling 177,800 shares during the period. OMERS ADMINISTRATION Corp owned 0.06% of KULR Technology Group worth $223,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC purchased a new position in KULR Technology Group during the 1st quarter valued at about $26,000. Calamos Advisors LLC purchased a new position in KULR Technology Group during the 1st quarter valued at about $34,000. Gotham Asset Management LLC purchased a new position in KULR Technology Group during the 4th quarter valued at about $39,000. Caitong International Asset Management Co. Ltd purchased a new position in KULR Technology Group during the 1st quarter valued at about $40,000. Finally, Brevan Howard Capital Management LP purchased a new position in KULR Technology Group during the 4th quarter valued at about $41,000. 21.23% of the stock is owned by hedge funds and other institutional investors.

KULR Technology Group Price Performance

NYSEAMERICAN KULR traded up $0.16 during trading hours on Wednesday, reaching $4.32. 1,563,487 shares of the company's stock traded hands, compared to its average volume of 2,027,499. KULR Technology Group, Inc. has a 52-week low of $1.92 and a 52-week high of $43.92. The firm has a market cap of $177.60 million, a PE ratio of -7.45 and a beta of 2.10. The firm has a 50-day simple moving average of $5.53 and a 200 day simple moving average of $8.82.

KULR Technology Group Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.