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Lilium (NASDAQ:LILM) Sees Strong Trading Volume

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Lilium (NASDAQ:LILM - Get Free Report) saw an uptick in trading volume on Tuesday . 1,154,124 shares traded hands during trading, a decline of 48% from the previous session's volume of 2,214,389 shares.The stock last traded at $1.15 and had previously closed at $1.10.

Lilium Stock Up 7.3 %

The company's fifty day moving average is $0.96 and its two-hundred day moving average is $0.97.

Institutional Investors Weigh In On Lilium

Hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new position in shares of Lilium during the fourth quarter worth $33,000. Freestone Capital Holdings LLC purchased a new position in shares of Lilium in the 1st quarter valued at about $55,000. Quadrature Capital Ltd acquired a new stake in shares of Lilium during the 4th quarter worth about $280,000. NewEdge Wealth LLC purchased a new stake in Lilium during the fourth quarter worth approximately $289,000. Finally, J.P. Morgan Private Wealth Advisors LLC purchased a new stake in Lilium during the third quarter worth approximately $182,000. 8.30% of the stock is currently owned by institutional investors and hedge funds.

Lilium Company Profile

(Get Free Report)

Lilium N.V. engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. It also provides aircraft manufacturer services, including training services, maintenance operations, material management and global distribution, flight operations support, ground service equipment, and digital solutions.

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