Mercurity Fintech Holding Inc. (NASDAQ:MFH - Get Free Report)'s share price was down 5.6% on Monday . The stock traded as low as $5.22 and last traded at $5.43. Approximately 37,977 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 132,227 shares. The stock had previously closed at $5.75.
Mercurity Fintech Price Performance
The company has a fifty day moving average price of $6.71 and a two-hundred day moving average price of $4.29.
Institutional Trading of Mercurity Fintech
Institutional investors and hedge funds have recently made changes to their positions in the company. Y Intercept Hong Kong Ltd purchased a new stake in shares of Mercurity Fintech in the 4th quarter valued at about $83,000. Millennium Management LLC purchased a new stake in Mercurity Fintech during the 4th quarter valued at approximately $706,000. OMERS ADMINISTRATION Corp purchased a new stake in Mercurity Fintech during the 4th quarter valued at approximately $136,000. Balyasny Asset Management L.P. purchased a new stake in Mercurity Fintech during the 4th quarter valued at approximately $174,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in Mercurity Fintech during the 4th quarter valued at approximately $108,000. 30.82% of the stock is owned by hedge funds and other institutional investors.
About Mercurity Fintech
(
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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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