Baijiayun Group Ltd (NASDAQ:RTC – Get Rating) traded down 0.2% on Tuesday . The company traded as low as $7.00 and last traded at $7.24. 12,957 shares were traded during mid-day trading, a decline of 19% from the average session volume of 15,987 shares. The stock had previously closed at $7.26.
Baijiayun Group Stock Performance
The business has a 50-day moving average price of $7.68.
Institutional Trading of Baijiayun Group
An institutional investor recently bought a new position in Baijiayun Group stock. Renaissance Technologies LLC bought a new position in Baijiayun Group Ltd (NASDAQ:RTC – Get Rating) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 140,895 shares of the company’s stock, valued at approximately $1,322,000. Renaissance Technologies LLC owned approximately 4.31% of Baijiayun Group at the end of the most recent reporting period. 6.64% of the stock is owned by hedge funds and other institutional investors.
Baijiayun Group Company Profile
Baijiayun Group Ltd. engages in the provision of video-centric technology solution which is focused on SaaS and PaaS solutions. The company was founded in August 9, 2004 and is headquartered in Beijing, China.
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