Enlightenment Research LLC bought a new stake in Ebang International Holdings Inc. (NASDAQ:EBON) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 26,600 shares of the company’s stock, valued at approximately $211,000.
Other large investors have also recently bought and sold shares of the company. BlackRock Inc. increased its holdings in Ebang International by 508.7% in the first quarter. BlackRock Inc. now owns 858,760 shares of the company’s stock valued at $6,826,000 after buying an additional 717,672 shares during the last quarter. Toroso Investments LLC bought a new stake in shares of Ebang International in the 4th quarter valued at approximately $4,017,000. UBS Group AG acquired a new stake in shares of Ebang International during the 1st quarter valued at approximately $1,041,000. Camden Capital LLC bought a new position in Ebang International during the first quarter worth $286,000. Finally, Northern Trust Corp acquired a new position in Ebang International in the fourth quarter worth $130,000. Institutional investors and hedge funds own 6.89% of the company’s stock.
Shares of NASDAQ:EBON opened at $3.39 on Friday. The business’s fifty day simple moving average is $3.83. Ebang International Holdings Inc. has a 1-year low of $2.37 and a 1-year high of $14.95.
Ebang International Holdings Inc, through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines in China, the United States, Hong Kong, and internationally. It also provides mining machine hosting services that enable customers to operate mining machines remotely, as well as offers routine maintenance services.
Read More: Why do analysts give a neutral rating?
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