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FingerMotion Sees Unusually High Options Volume (NASDAQ:FNGR)

FingerMotion logo with Business Services background

FingerMotion, Inc. (NASDAQ:FNGR - Get Free Report) was the recipient of some unusual options trading on Monday. Investors purchased 3,392 call options on the company. This is an increase of 279% compared to the typical daily volume of 895 call options.

Institutional Investors Weigh In On FingerMotion

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FNGR. Virtu Financial LLC lifted its holdings in shares of FingerMotion by 34.5% in the fourth quarter. Virtu Financial LLC now owns 51,694 shares of the company's stock worth $62,000 after buying an additional 13,255 shares in the last quarter. XTX Topco Ltd lifted its holdings in shares of FingerMotion by 102.5% in the third quarter. XTX Topco Ltd now owns 33,531 shares of the company's stock worth $73,000 after buying an additional 16,970 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of FingerMotion by 43.1% in the fourth quarter. Bleakley Financial Group LLC now owns 73,000 shares of the company's stock worth $88,000 after buying an additional 22,000 shares in the last quarter. Finally, Anson Funds Management LP purchased a new stake in FingerMotion during the fourth quarter valued at $871,000. 3.90% of the stock is owned by hedge funds and other institutional investors.

FingerMotion Price Performance

FingerMotion stock traded up $0.10 during mid-day trading on Thursday, reaching $1.68. 69,370 shares of the stock traded hands, compared to its average volume of 270,393. The stock has a market capitalization of $95.77 million, a PE ratio of -16.70 and a beta of -0.76. FingerMotion has a 12-month low of $1.03 and a 12-month high of $3.96. The business's 50-day moving average is $1.35 and its 200-day moving average is $1.56.

About FingerMotion

(Get Free Report)

FingerMotion, Inc, a mobile data specialist company, provides mobile payment and recharge platform system in China. The company offers telecommunication products and services, including data plans, subscription plans, mobile phones, and loyalty points redemption services; bulk short message service and multimedia messaging services; and Rich Communication Services (RCS) platform, a proprietary business messaging platform that enables businesses and brands to communicate and service their customers on the 5G infrastructure.

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