Eqonex Limited (NASDAQ:EQOS – Get Rating) was the recipient of a large drop in short interest in November. As of November 15th, there was short interest totalling 1,380,000 shares, a drop of 14.8% from the October 31st total of 1,620,000 shares. Currently, 4.1% of the company's shares are sold short. Based on an average trading volume of 773,300 shares, the short-interest ratio is currently 1.8 days.
Eqonex Stock Up 128.6 %
EQOS stock opened at $0.08 on Friday. The stock has a 50-day moving average price of $0.33 and a 200-day moving average price of $0.62. Eqonex has a 1-year low of $0.09 and a 1-year high of $4.49. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.08 and a quick ratio of 1.08.
Get
Eqonex alerts:
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC raised its position in shares of Eqonex by 184.2% in the 2nd quarter. Renaissance Technologies LLC now owns 88,659 shares of the company's stock worth $74,000 after acquiring an additional 57,459 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Eqonex by 11.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 554,466 shares of the company's stock worth $1,242,000 after acquiring an additional 59,045 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Eqonex in the 1st quarter worth about $36,000. Jane Street Group LLC bought a new position in shares of Eqonex in the 1st quarter worth about $35,000. Finally, Invesco Ltd. grew its stake in shares of Eqonex by 43.4% in the 1st quarter. Invesco Ltd. now owns 146,015 shares of the company's stock valued at $327,000 after buying an additional 44,179 shares during the period. 23.93% of the stock is owned by institutional investors.
Eqonex Company Profile
(Get Rating)
Eqonex Limited operates as a digital assets financial services company. It operates through three divisions: Custody, Asset Management, and Brokerage. The company provides Digivault, a custody solution; Bletchley Park, a digital asset investment solution for institutional and professional investors; and EQONEX Investment products that issues securitized products.
Read More
- Get a free copy of the StockNews.com research report on Eqonex (EQOS)
- Why CSL Ltd Stock Could Be Worth a Look
- MarketBeat: Week in Review 11/28 – 12/02
- Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
- Institutions Are Buying Ambarella, Should You?
- Can ZIM Defy Broad Downturn In The Container Shipping Industry?
Receive News & Ratings for Eqonex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eqonex and related companies with MarketBeat.com's FREE daily email newsletter.
