Enlightenment Research LLC bought a new stake in Ebang International Holdings Inc. (NASDAQ:EBON) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 26,600 shares of the company’s stock, valued at approximately $211,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. UBS Group AG purchased a new position in shares of Ebang International in the 1st quarter valued at approximately $1,041,000. Camden Capital LLC acquired a new position in shares of Ebang International during the first quarter worth about $286,000. BlackRock Inc. increased its stake in shares of Ebang International by 508.7% during the first quarter. BlackRock Inc. now owns 858,760 shares of the company’s stock worth $6,826,000 after acquiring an additional 717,672 shares during the period. FNY Investment Advisers LLC purchased a new position in Ebang International during the first quarter worth about $119,000. Finally, JPMorgan Chase & Co. acquired a new stake in Ebang International in the fourth quarter valued at about $50,000. Institutional investors and hedge funds own 6.89% of the company’s stock.
EBON stock opened at $3.39 on Friday. The business’s 50-day moving average is $3.83. Ebang International Holdings Inc. has a 52 week low of $2.37 and a 52 week 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.
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