Singularity Future Technology Ltd. (NASDAQ:SGLY – Get Rating) fell 4.8% during mid-day trading on Tuesday . The stock traded as low as $0.38 and last traded at $0.40. 72,669 shares were traded during trading, a decline of 8% from the average session volume of 79,007 shares. The stock had previously closed at $0.42.

Singularity Future Technology Stock Performance

The company's fifty day moving average is $1.29 and its 200-day moving average is $2.43.

Institutional Trading of Singularity Future Technology

Large investors have recently modified their holdings of the company. Millennium Management LLC acquired a new position in Singularity Future Technology during the 2nd quarter valued at $30,000. Goldman Sachs Group Inc. acquired a new position in Singularity Future Technology during the 2nd quarter valued at $60,000. Jane Street Group LLC raised its stake in Singularity Future Technology by 180.2% during the 3rd quarter. Jane Street Group LLC now owns 28,473 shares of the company's stock valued at $71,000 after purchasing an additional 63,973 shares during the last quarter. Virtu Financial LLC acquired a new position in Singularity Future Technology during the 2nd quarter valued at $107,000. Finally, Renaissance Technologies LLC acquired a new position in Singularity Future Technology during the 2nd quarter valued at $211,000. 1.18% of the stock is owned by institutional investors.

Singularity Future Technology Company Profile

Singularity Future Technology Ltd. develops solutions for interconnected AI networks in the revolutionized AI and Blockchain suppl management area and establishes crypto mining pools. The company also operates as logistics and ship management services company. It serves customers worldwide with its shipping logistics and agency needs.

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