Renaissance Technologies LLC increased its holdings in FREYR Battery, Inc. (NYSE:FREY - Free Report) by 1,883.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 592,986 shares of the company's stock after buying an additional 563,086 shares during the period. Renaissance Technologies LLC owned about 0.42% of FREYR Battery worth $1,530,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Truist Financial Corp acquired a new position in FREYR Battery during the fourth quarter worth about $26,000. Cibc World Markets Corp acquired a new position in shares of FREYR Battery during the 4th quarter worth approximately $27,000. SBI Securities Co. Ltd. acquired a new position in shares of FREYR Battery during the 4th quarter worth approximately $28,000. Dynamic Technology Lab Private Ltd purchased a new stake in FREYR Battery in the 4th quarter valued at approximately $31,000. Finally, Raymond James Financial Inc. acquired a new stake in FREYR Battery during the 4th quarter valued at $36,000. 52.31% of the stock is currently owned by hedge funds and other institutional investors.
FREYR Battery Trading Up 5.8 %
Shares of NYSE FREY traded up $0.07 during trading on Friday, reaching $1.28. The company had a trading volume of 683,824 shares, compared to its average volume of 2,401,124. FREYR Battery, Inc. has a twelve month low of $0.91 and a twelve month high of $3.36. The stock has a 50-day moving average price of $1.31 and a two-hundred day moving average price of $1.74. The stock has a market capitalization of $179.83 million, a PE ratio of -1.68 and a beta of 0.94.
FREYR Battery Company Profile
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Free Report)
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.
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