Hyperscale Data (NYSEAMERICAN:GPUS) Trading Down 1.6% – What’s Next?

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS)’s share price fell 1.6% during trading on Friday . The stock traded as low as $3.01 and last traded at $3.10. 34,986 shares were traded during mid-day trading, a decline of 64% from the average session volume of 96,226 shares. The stock had previously closed at $3.15.

Hyperscale Data Stock Performance

The company has a debt-to-equity ratio of 11.68, a current ratio of 0.23 and a quick ratio of 0.22.

Hedge Funds Weigh In On Hyperscale Data

A hedge fund recently bought a new stake in Hyperscale Data stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $97,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 1.80% of Hyperscale Data at the end of the most recent quarter. Institutional investors and hedge funds own 41.05% of the company’s stock.

Hyperscale Data Company Profile

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.