Jane Street Group LLC Increases Holdings in Net Element International Inc (NETE)

Jane Street Group LLC boosted its position in Net Element International Inc (NASDAQ:NETE) by 92.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,575 shares of the company’s stock after purchasing an additional 12,293 shares during the period. Jane Street Group LLC owned about 0.66% of Net Element International worth $285,000 as of its most recent SEC filing.

Separately, Vanguard Group Inc. boosted its position in Net Element International by 1.8% in the second quarter. Vanguard Group Inc. now owns 187,898 shares of the company’s stock worth $123,000 after purchasing an additional 3,332 shares during the last quarter. 3.71% of the stock is currently owned by institutional investors.

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Separately, ValuEngine raised Net Element International from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd.

Shares of NASDAQ:NETE opened at $8.89 on Tuesday. The stock has a market capitalization of $36.65, a price-to-earnings ratio of -1.76 and a beta of 0.87. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.30 and a current ratio of 1.30. Net Element International Inc has a 52-week low of $2.60 and a 52-week high of $33.51.

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Net Element International Profile

Net Element, Inc operates as a financial technology and value-added solutions company worldwide. It operates in three segments: North America Transaction Solutions, Mobile Solutions, and Online Solutions. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud-based point of sale (POS) platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools.

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