Schonfeld Strategic Advisors LLC bought a new position in Mercurity Fintech Holding Inc. (NASDAQ:MFH – Free Report) in the 4th quarter, HoldingsChannel.com reports. The fund bought 61,547 shares of the company’s stock, valued at approximately $420,000.
Separately, Y Intercept Hong Kong Ltd bought a new position in shares of Mercurity Fintech in the fourth quarter worth approximately $83,000. Institutional investors own 30.82% of the company’s stock.
Mercurity Fintech Stock Performance
Shares of Mercurity Fintech stock opened at $5.79 on Monday. Mercurity Fintech Holding Inc. has a 52-week low of $1.03 and a 52-week high of $8.86. The company’s 50 day moving average price is $5.79 and its 200-day moving average price is $5.76.
About Mercurity Fintech
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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Want to see what other hedge funds are holding MFH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mercurity Fintech Holding Inc. (NASDAQ:MFH – Free Report).
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