Ebang International (NASDAQ:EBON) Stock Price Up 0.3%

Ebang International Holdings Inc. (NASDAQ:EBON)’s stock price rose 0.3% on Tuesday . The stock traded as high as $6.43 and last traded at $6.19. Approximately 11,071 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 34,139 shares. The stock had previously closed at $6.17.

Ebang International Stock Up 2.6 %

The firm’s fifty day moving average is $7.52 and its two-hundred day moving average is $9.20.

Institutional Trading of Ebang International

An institutional investor recently bought a new position in Ebang International stock. Mirae Asset Global Investments Co. Ltd. purchased a new position in Ebang International Holdings Inc. (NASDAQ:EBON) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 47,599 shares of the company’s stock, valued at approximately $462,000. Mirae Asset Global Investments Co. Ltd. owned about 0.95% of Ebang International at the end of the most recent reporting period. 1.15% of the stock is currently owned by institutional investors and hedge funds.

Ebang International Company Profile

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.