Cubist Systematic Strategies LLC Takes Position in Mercurity Fintech Holding Inc. (NASDAQ:MFH)

Cubist Systematic Strategies LLC acquired a new stake in Mercurity Fintech Holding Inc. (NASDAQ:MFH) in the 4th quarter, HoldingsChannel reports. The fund acquired 15,841 shares of the company’s stock, valued at approximately $108,000.

Several other large investors also recently made changes to their positions in MFH. Geode Capital Management LLC lifted its holdings in Mercurity Fintech by 16.3% during the 4th quarter. Geode Capital Management LLC now owns 29,969 shares of the company’s stock valued at $205,000 after purchasing an additional 4,201 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Mercurity Fintech during the 4th quarter valued at $83,000. Balyasny Asset Management L.P. acquired a new stake in Mercurity Fintech during the 4th quarter valued at $174,000. Schonfeld Strategic Advisors LLC bought a new position in Mercurity Fintech during the 4th quarter worth $420,000. Finally, 683 Capital Management LLC bought a new position in Mercurity Fintech during the 4th quarter worth $423,000. Institutional investors and hedge funds own 30.82% of the company’s stock.

Mercurity Fintech Trading Down 2.2%

MFH stock opened at $5.33 on Monday. The business’s fifty day moving average price is $5.86 and its two-hundred day moving average price is $5.92. Mercurity Fintech Holding Inc. has a fifty-two week low of $1.03 and a fifty-two week high of $8.86.

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.