Ebang International Holdings Inc. (NASDAQ:EBON – Get Rating) was the target of a significant growth in short interest during the month of December. As of December 30th, there was short interest totalling 206,400 shares, a growth of 17.6% from the December 15th total of 175,500 shares. Based on an average daily trading volume, of 64,000 shares, the days-to-cover ratio is currently 3.2 days.
Institutional Trading of Ebang International
A number of large investors have recently bought and sold shares of the company. Renaissance Technologies LLC increased its position in Ebang International by 18.5% in the third quarter. Renaissance Technologies LLC now owns 1,015,100 shares of the company’s stock worth $416,000 after buying an additional 158,500 shares during the last quarter. ExodusPoint Capital Management LP purchased a new stake in Ebang International in the second quarter worth $139,000. Millennium Management LLC purchased a new stake in Ebang International in the second quarter worth $119,000. Van ECK Associates Corp increased its position in Ebang International by 98.4% in the second quarter. Van ECK Associates Corp now owns 94,570 shares of the company’s stock worth $38,000 after buying an additional 46,910 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in Ebang International by 31.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,418,709 shares of the company’s stock worth $2,806,000 after buying an additional 580,723 shares during the last quarter.
Ebang International Price Performance
NASDAQ:EBON opened at $10.08 on Friday. The business has a fifty day simple moving average of $5.42 and a two-hundred day simple moving average of $10.61. Ebang International has a 1 year low of $2.52 and a 1 year high of $56.40.
Ebang International Company Profile
Ebang International Holdings Inc, through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in China, the United States, Hong Kong, and internationally. It also provides mining machine hosting services that enable customers to operate mining machines remotely; and routine maintenance services, as well as engages in the development of proprietary cryptocurrency exchange platform.
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