Jump Financial LLC Cuts Holdings in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Jump Financial LLC decreased its position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 52.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 166,213 shares of the company's stock after selling 184,328 shares during the period. Jump Financial LLC owned about 0.08% of Silvercorp Metals worth $499,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SVM. Prudential Financial Inc. purchased a new position in Silvercorp Metals during the fourth quarter worth about $46,000. Atria Wealth Solutions Inc. purchased a new stake in Silvercorp Metals in the fourth quarter valued at approximately $62,000. Aigen Investment Management LP lifted its stake in Silvercorp Metals by 21.4% during the fourth quarter. Aigen Investment Management LP now owns 31,635 shares of the company's stock worth $95,000 after purchasing an additional 5,579 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Silvercorp Metals during the fourth quarter worth $103,000. Finally, Pictet Asset Management Holding SA grew its stake in shares of Silvercorp Metals by 9.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 36,327 shares of the company's stock valued at $109,000 after buying an additional 3,266 shares in the last quarter. Hedge funds and other institutional investors own 22.30% of the company's stock.

Silvercorp Metals Trading Up 0.5 %

Shares of SVM stock traded up $0.02 on Wednesday, hitting $3.75. The stock had a trading volume of 3,406,791 shares, compared to its average volume of 3,593,249. The company's 50 day moving average price is $3.77 and its 200-day moving average price is $3.70. Silvercorp Metals Inc. has a 1 year low of $2.87 and a 1 year high of $5.32. The firm has a market capitalization of $816.45 million, a P/E ratio of 10.42 and a beta of 1.20. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.61 and a quick ratio of 4.35.

About Silvercorp Metals

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.