Walleye Capital LLC Grows Stock Holdings in ATRenew Inc. (NYSE:RERE)

Walleye Capital LLC raised its position in ATRenew Inc. (NYSE:RERE - Free Report) by 3,661.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 433,859 shares of the company's stock after purchasing an additional 422,325 shares during the quarter. Walleye Capital LLC owned 0.18% of ATRenew worth $1,250,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in shares of ATRenew in the 4th quarter valued at $137,000. QRG Capital Management Inc. acquired a new position in ATRenew in the 4th quarter valued at about $48,000. Prescott Group Capital Management L.L.C. increased its stake in ATRenew by 31.3% during the fourth quarter. Prescott Group Capital Management L.L.C. now owns 3,035,436 shares of the company's stock worth $8,742,000 after purchasing an additional 724,415 shares during the period. Harvest Fund Management Co. Ltd boosted its stake in shares of ATRenew by 33.4% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 1,399,214 shares of the company's stock valued at $4,016,000 after purchasing an additional 350,000 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of ATRenew by 16.2% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,401 shares of the company's stock valued at $162,000 after purchasing an additional 7,883 shares in the last quarter. 19.29% of the stock is currently owned by institutional investors and hedge funds.

ATRenew Stock Up 9.1 %

ATRenew stock traded up $0.19 during mid-day trading on Wednesday, reaching $2.28. 1,895,495 shares of the company's stock were exchanged, compared to its average volume of 1,165,986. ATRenew Inc. has a twelve month low of $1.53 and a twelve month high of $3.70. The company has a market cap of $556.03 million, a P/E ratio of -45.59, a P/E/G ratio of 0.41 and a beta of 0.04. The company has a fifty day moving average of $2.83 and a 200-day moving average of $2.80.

ATRenew Company Profile

ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.