FingerMotion, Inc. (NASDAQ:FNGR) Short Interest Up 21.1% in February

FingerMotion, Inc. (NASDAQ:FNGR) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 1,780,000 shares, a growth of 21.1% from the February 13th total of 1,470,000 shares. Currently, 4.3% of the company’s stock are sold short. Based on an average daily trading volume, of 333,500 shares, the days-to-cover ratio is presently 5.3 days.

Institutional Investors Weigh In On FingerMotion

Institutional investors and hedge funds have recently made changes to their positions in the company. XTX Topco Ltd lifted its position in FingerMotion by 102.5% during the 3rd quarter. XTX Topco Ltd now owns 33,531 shares of the company’s stock worth $73,000 after buying an additional 16,970 shares in the last quarter. Virtu Financial LLC lifted its position in FingerMotion by 66.6% during the 3rd quarter. Virtu Financial LLC now owns 38,439 shares of the company’s stock worth $84,000 after buying an additional 15,360 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in FingerMotion by 43.1% during the 4th quarter. Bleakley Financial Group LLC now owns 73,000 shares of the company’s stock worth $88,000 after purchasing an additional 22,000 shares during the last quarter. Finally, Anson Funds Management LP bought a new stake in FingerMotion during the 4th quarter worth about $871,000. Institutional investors and hedge funds own 3.90% of the company’s stock.

FingerMotion Trading Up 6.7 %

FNGR opened at $1.51 on Thursday. The stock has a market cap of $86.28 million, a price-to-earnings ratio of -15.10 and a beta of -0.74. FingerMotion has a 1 year low of $1.03 and a 1 year high of $3.96. The stock has a fifty day moving average price of $1.25 and a 200 day moving average price of $1.69.

FingerMotion (NASDAQ:FNGR) last posted its quarterly earnings data on Tuesday, January 14th. The company reported ($0.03) EPS for the quarter. FingerMotion had a negative return on equity of 51.57% and a negative net margin of 16.14%.

FingerMotion Company Profile

FingerMotion, Inc, a mobile data specialist company, provides mobile payment and recharge platform system in China. The company offers telecommunication products and services, including data plans, subscription plans, mobile phones, and loyalty points redemption services; bulk short message service and multimedia messaging services; and Rich Communication Services (RCS) platform, a proprietary business messaging platform that enables businesses and brands to communicate and service their customers on the 5G infrastructure.