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Y Intercept Hong Kong Ltd Makes New Investment in Tuya Inc. (NYSE:TUYA)

Tuya logo with Computer and Technology background

Y Intercept Hong Kong Ltd acquired a new position in shares of Tuya Inc. (NYSE:TUYA - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 467,942 shares of the company's stock, valued at approximately $772,000. Y Intercept Hong Kong Ltd owned approximately 0.09% of Tuya as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC increased its holdings in Tuya by 2,493.1% during the 3rd quarter. Jane Street Group LLC now owns 691,655 shares of the company's stock worth $1,141,000 after purchasing an additional 664,982 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Tuya by 59.2% during the second quarter. Acadian Asset Management LLC now owns 665,730 shares of the company's stock worth $1,132,000 after buying an additional 247,592 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Tuya by 91.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 633,686 shares of the company's stock worth $1,046,000 after buying an additional 302,261 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Tuya by 60.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 350,116 shares of the company's stock valued at $578,000 after buying an additional 132,200 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Tuya in the 3rd quarter valued at approximately $116,000. 11.47% of the stock is currently owned by institutional investors and hedge funds.

Tuya Price Performance

Shares of TUYA traded down $0.02 during mid-day trading on Friday, hitting $1.81. 483,244 shares of the company's stock were exchanged, compared to its average volume of 550,337. Tuya Inc. has a 52 week low of $1.28 and a 52 week high of $2.32. The company has a market cap of $912.94 million, a PE ratio of -60.33 and a beta of 0.45. The company has a 50-day simple moving average of $1.64 and a 200 day simple moving average of $1.62.

Tuya Company Profile

(Free Report)

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.

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Institutional Ownership by Quarter for Tuya (NYSE:TUYA)

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