FingerMotion, Inc. (NASDAQ:FNGR) Short Interest Up 25.6% in March

FingerMotion, Inc. (NASDAQ:FNGR - Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,550,000 shares, an increase of 25.6% from the March 15th total of 2,030,000 shares. Based on an average daily trading volume, of 240,900 shares, the days-to-cover ratio is presently 10.6 days. Approximately 6.1% of the company's shares are sold short.

FingerMotion Trading Up 1.9 %

FingerMotion stock traded up $0.04 during mid-day trading on Friday, hitting $1.86. The company's stock had a trading volume of 729,571 shares, compared to its average volume of 274,501. The stock's fifty day moving average is $1.38 and its two-hundred day moving average is $1.56. The firm has a market capitalization of $106.28 million, a PE ratio of -18.60 and a beta of -0.76. FingerMotion has a 1 year low of $1.03 and a 1 year high of $3.96.

Hedge Funds Weigh In On FingerMotion

A number of hedge funds have recently modified their holdings of FNGR. Virtu Financial LLC lifted its position in FingerMotion by 34.5% in the fourth quarter. Virtu Financial LLC now owns 51,694 shares of the company's stock valued at $62,000 after buying an additional 13,255 shares during the last quarter. XTX Topco Ltd raised its stake in shares of FingerMotion by 102.5% in the 3rd quarter. XTX Topco Ltd now owns 33,531 shares of the company's stock valued at $73,000 after acquiring an additional 16,970 shares during the period. Bleakley Financial Group LLC lifted its holdings in shares of FingerMotion by 43.1% in the 4th quarter. Bleakley Financial Group LLC now owns 73,000 shares of the company's stock worth $88,000 after acquiring an additional 22,000 shares during the last quarter. Finally, Anson Funds Management LP purchased a new position in shares of FingerMotion during the 4th quarter worth approximately $871,000. 3.90% of the stock is currently owned by hedge funds and other institutional investors.

About FingerMotion

FingerMotion, Inc, a mobile data specialist company, provides mobile payment and recharge platform system in China. The company offers telecommunication products and services, including data plans, subscription plans, mobile phones, and loyalty points redemption services; bulk short message service and multimedia messaging services; and Rich Communication Services (RCS) platform, a proprietary business messaging platform that enables businesses and brands to communicate and service their customers on the 5G infrastructure.