Singularity Future Technology Ltd. (NASDAQ:SGLY – Get Rating)'s share price shot up 5.3% during mid-day trading on Wednesday . The stock traded as high as $0.68 and last traded at $0.67. 19,342 shares were traded during trading, a decline of 84% from the average session volume of 123,516 shares. The stock had previously closed at $0.63.

Singularity Future Technology Trading Up 5.3 %

The company's 50 day moving average is $0.67 and its 200-day moving average is $2.14.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Millennium Management LLC bought a new stake in shares of Singularity Future Technology in the 2nd quarter worth approximately $30,000. Goldman Sachs Group Inc. acquired a new position in Singularity Future Technology in the 2nd quarter valued at approximately $60,000. Jane Street Group LLC grew its position in Singularity Future Technology by 180.2% in the third quarter. Jane Street Group LLC now owns 28,473 shares of the company's stock worth $71,000 after acquiring an additional 63,973 shares in the last quarter. Virtu Financial LLC bought a new stake in Singularity Future Technology in the second quarter worth approximately $107,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Singularity Future Technology during the 2nd quarter worth $211,000. 1.18% of the stock is owned by institutional investors and hedge funds.

About Singularity Future Technology

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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