Mercurity Fintech Holding Inc. Sponsored ADR (NASDAQ:MFH - Get Free Report) shares dropped 1.5% during mid-day trading on Monday . The stock traded as low as $3.85 and last traded at $3.85. Approximately 287,011 shares changed hands during mid-day trading, an increase of 53% from the average daily volume of 187,451 shares. The stock had previously closed at $3.91.
Mercurity Fintech Trading Up 0.5%
The business has a fifty day simple moving average of $4.81 and a 200-day simple moving average of $5.72.
Institutional Investors Weigh In On Mercurity Fintech
Large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. grew its stake in Mercurity Fintech by 120.7% in the first quarter. Goldman Sachs Group Inc. now owns 147,118 shares of the company's stock valued at $789,000 after acquiring an additional 80,452 shares during the period. Millennium Management LLC increased its position in shares of Mercurity Fintech by 671.0% during the first quarter. Millennium Management LLC now owns 797,099 shares of the company's stock worth $4,272,000 after acquiring an additional 693,720 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Mercurity Fintech in the 1st quarter worth about $237,000. OMERS ADMINISTRATION Corp lifted its position in Mercurity Fintech by 122.0% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 44,175 shares of the company's stock valued at $237,000 after acquiring an additional 24,275 shares in the last quarter. Finally, Harvest Portfolios Group Inc. acquired a new position in Mercurity Fintech during the 1st quarter valued at about $66,000. 30.82% of the stock is currently owned by institutional investors and hedge funds.
Mercurity Fintech Company Profile
(
Get Free Report)
Mercurity Fintech Holding Inc operates as a fintech company powered by blockchain. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders; and asset digitalization platform, which offers blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals.
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