Mercurity Fintech Holding Inc. (NASDAQ:MFH - Get Free Report) traded down 7% during mid-day trading on Friday . The company traded as low as $7.35 and last traded at $7.35. 107,731 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 135,009 shares. The stock had previously closed at $7.90.
Mercurity Fintech Trading Down 1.1 %
The company's 50 day moving average price is $6.76 and its 200 day moving average price is $3.73.
Institutional Investors Weigh In On Mercurity Fintech
A hedge fund recently bought a new stake in Mercurity Fintech stock. Y Intercept Hong Kong Ltd acquired a new stake in Mercurity Fintech Holding Inc. (NASDAQ:MFH - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,195 shares of the company's stock, valued at approximately $83,000. 30.82% of the stock is owned by hedge funds and other institutional investors.
Mercurity Fintech Company Profile
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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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