FREYR Battery, Inc. (NYSE:FREY) Stock Holdings Raised by Long Focus Capital Management LLC

Long Focus Capital Management LLC raised its holdings in FREYR Battery, Inc. (NYSE:FREY - Free Report) by 27.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,650,000 shares of the company's stock after purchasing an additional 1,200,950 shares during the period. Long Focus Capital Management LLC owned 4.02% of FREYR Battery worth $14,577,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. State Street Corp boosted its stake in shares of FREYR Battery by 24.4% during the 3rd quarter. State Street Corp now owns 1,567,499 shares of the company's stock worth $1,521,000 after purchasing an additional 307,426 shares during the last quarter. Barclays PLC raised its holdings in FREYR Battery by 274.9% in the 3rd quarter. Barclays PLC now owns 147,124 shares of the company's stock valued at $142,000 after acquiring an additional 107,881 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of FREYR Battery by 42.6% during the 4th quarter. SG Americas Securities LLC now owns 61,653 shares of the company's stock worth $159,000 after purchasing an additional 18,425 shares during the period. FSM Wealth Advisors LLC acquired a new stake in shares of FREYR Battery during the fourth quarter worth $51,000. Finally, Summit Trail Advisors LLC purchased a new stake in shares of FREYR Battery in the fourth quarter valued at $129,000. 52.31% of the stock is owned by hedge funds and other institutional investors.

FREYR Battery Trading Up 2.4 %

Shares of FREY traded up $0.03 during mid-day trading on Monday, reaching $1.26. The company had a trading volume of 825,600 shares, compared to its average volume of 2,379,314. FREYR Battery, Inc. has a fifty-two week low of $0.91 and a fifty-two week high of $3.36. The firm has a fifty day simple moving average of $1.36 and a 200-day simple moving average of $1.74. The stock has a market cap of $177.02 million, a price-to-earnings ratio of -1.66 and a beta of 0.94.

FREYR Battery Company Profile

FREYR Battery, Inc provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Luxembourg.