New Era Helium Inc. (NASDAQ:NEHC - Get Free Report) rose 25.2% on Wednesday . The stock traded as high as $1.07 and last traded at $1.00. Approximately 440,797 shares were traded during trading, a decline of 44% from the average daily volume of 787,033 shares. The stock had previously closed at $0.80.
New Era Helium Stock Down 0.8 %
The firm has a fifty day moving average of $1.82.
Hedge Funds Weigh In On New Era Helium
A hedge fund recently bought a new stake in New Era Helium stock. Shay Capital LLC purchased a new stake in shares of New Era Helium Inc. (NASDAQ:NEHC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 111,640 shares of the company's stock, valued at approximately $670,000. Shay Capital LLC owned 0.17% of New Era Helium as of its most recent SEC filing. Institutional investors own 21.90% of the company's stock.
About New Era Helium
(
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New Era Helium, Inc is an exploration and production company that sources helium produced in association with the production of natural gas reserves in North America. The company was founded in 2023 and is headquartered in Midland, TX.
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