Ebang International (NASDAQ:EBON) Stock Price Up 0.2% – What’s Next?

Ebang International Holdings Inc. (NASDAQ:EBON)’s share price rose 0.2% during trading on Monday . The company traded as high as $4.58 and last traded at $4.59. Approximately 3,686 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 24,898 shares. The stock had previously closed at $4.58.

Ebang International Stock Down 3.9 %

The stock has a fifty day simple moving average of $5.35 and a 200 day simple moving average of $6.21.

Institutional Trading of Ebang International

A hedge fund recently bought a new stake in Ebang International stock. Citadel Advisors LLC bought a new position in Ebang International Holdings Inc. (NASDAQ:EBON) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 17,168 shares of the company’s stock, valued at approximately $98,000. Citadel Advisors LLC owned approximately 0.34% of Ebang International at the end of the most recent quarter. 1.15% of the stock is currently owned by institutional investors and hedge funds.

About Ebang International

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 under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. It also provides mining machine hosting services; and engages in the development of proprietary cryptocurrency exchange platform.