Traders Buy High Volume of Call Options on FingerMotion (NASDAQ:FNGR)

FingerMotion, Inc. (NASDAQ:FNGR - Get Free Report) saw unusually large options trading on Monday. Investors bought 3,392 call options on the company. This is an increase of 279% compared to the average volume of 895 call options.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Anson Funds Management LP bought a new stake in FingerMotion during the 4th quarter worth approximately $871,000. Bleakley Financial Group LLC increased its stake in shares of FingerMotion by 43.1% in the fourth quarter. Bleakley Financial Group LLC now owns 73,000 shares of the company's stock worth $88,000 after purchasing an additional 22,000 shares in the last quarter. XTX Topco Ltd raised its position in shares of FingerMotion by 102.5% during the 3rd quarter. XTX Topco Ltd now owns 33,531 shares of the company's stock valued at $73,000 after purchasing an additional 16,970 shares during the period. Finally, Virtu Financial LLC lifted its stake in shares of FingerMotion by 66.6% during the 3rd quarter. Virtu Financial LLC now owns 38,439 shares of the company's stock valued at $84,000 after buying an additional 15,360 shares in the last quarter. 3.90% of the stock is owned by hedge funds and other institutional investors.

FingerMotion Trading Up 1.9 %

NASDAQ FNGR traded up $0.04 on Friday, hitting $1.86. 729,571 shares of the company traded hands, compared to its average volume of 273,370. The business's 50 day moving average price is $1.38 and its 200-day moving average price is $1.56. FingerMotion has a 52-week low of $1.03 and a 52-week high of $3.96. The company has a market capitalization of $106.28 million, a price-to-earnings ratio of -18.60 and a beta of -0.76.

FingerMotion Company Profile

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.