Mary Jennifer Oreilly Sells 3,000 Shares of Soluna Holdings, Inc. (NASDAQ:SLNH) Stock

Soluna Holdings, Inc. (NASDAQ:SLNH) insider Mary Jennifer Oreilly sold 3,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $11.82, for a total transaction of $35,460.00. Following the sale, the insider now directly owns 17,000 shares in the company, valued at $200,940. This trade represents a 15.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Mary Jennifer Oreilly also recently made the following trade(s):

• On Thursday, November 21st, Mary Jennifer Oreilly sold 2,000 shares of Soluna stock. The stock was sold at an average price of $11.48, for a total transaction of $22,960.00.

Soluna Price Performance

Shares of SLNH opened at $3.43 on Friday. Soluna Holdings, Inc. has a twelve month low of $1.40 and a twelve month high of $8.80. The company has a market capitalization of $28.71 million, a P/E ratio of -0.24 and a beta of 2.93. The firm has a 50 day moving average of $3.53 and a 200 day moving average of $4.02. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.16.

Institutional Trading of Soluna

A number of institutional investors and hedge funds have recently modified their holdings of the business. Coastal Bridge Advisors LLC bought a new position in shares of Soluna during the second quarter valued at $61,000. State Street Corp bought a new position in Soluna during the 3rd quarter valued at about $36,000. Finally, Virtu Financial LLC bought a new position in Soluna during the 3rd quarter valued at about $36,000. Institutional investors own 23.19% of the company’s stock.

About Soluna

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.