KULR Technology Group, Inc. (NYSEAMERICAN:KULR) 的空头头寸在三月份增加了 33.1%
KULR Technology Group, Inc. (NYSEAMERICAN:KULR) experienced a significant increase in short interest of 33.1% in March, totaling 30,010,000 shares as of March 31st. This represents approximately 12.3% of the company's shares sold short. The days-to-cover ratio is currently 1.8 days based on an average trading volume of 16,430,000 shares. Institutional investors have also increased their stakes in the company, owning 21.23% of the stock. KULR's shares traded at $1.22, with a market capitalization of $333.73 million.
KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 30,010,000 shares, an increase of 33.1% from the March 15th total of 22,550,000 shares. Based on an average daily volume of 16,430,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 12.3% of the shares of the stock are sold short.
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Institutional Inflows and Outflows
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A number of institutional investors and hedge funds have recently modified their holdings of the business. Two Sigma Investments LP grew its position in KULR Technology Group by 69.0% in the fourth quarter. Two Sigma Investments LP now owns 20,199 shares of the company's stock worth $72,000 after acquiring an additional 8,250 shares in the last quarter. Gotham Asset Management LLC acquired a new stake in shares of KULR Technology Group in the fourth quarter worth $39,000. Brevan Howard Capital Management LP bought a new stake in shares of KULR Technology Group during the 4th quarter worth $41,000. Kellett Wealth Advisors LLC acquired a new position in KULR Technology Group in the 4th quarter valued at $43,000. Finally, International Assets Investment Management LLC bought a new position in KULR Technology Group in the 4th quarter worth $56,000. Hedge funds and other institutional investors own 21.23% of the company's stock.
KULR Technology Group Price Performance
Shares of NYSEAMERICAN:KULR traded down $0.06 during trading on Friday, reaching $1.22. The company had a trading volume of 5,083,476 shares, compared to its average volume of 14,206,292. The firm's fifty day moving average is $1.55 and its 200 day moving average is $1.33. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81. The firm has a market capitalization of $333.73 million, a PE ratio of -10.17 and a beta of 2.34. KULR Technology Group has a twelve month low of $0.20 and a twelve month high of $5.49.
Analyst Ratings Changes
Separately, Benchmark reaffirmed a "buy" rating and issued a $5.00 target price on shares of KULR Technology Group in a research report on Tuesday, March 18th.
Read Our Latest Stock Report on KULR
KULR Technology Group Company Profile
(Get Free Report)KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.
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