Ability (ABIL) Shares Gap Down to $3.00

Ability Inc (NASDAQ:ABIL)’s share price gapped down before the market opened on Monday . The stock had previously closed at $2.58, but opened at $3.00. Ability shares last traded at $2.98, with a volume of 9793 shares changing hands.

A hedge fund recently bought a new stake in Ability stock. Jane Street Group LLC acquired a new stake in Ability Inc (NASDAQ:ABIL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 33,590 shares of the technology company’s stock, valued at approximately $239,000. Jane Street Group LLC owned 1.30% of Ability as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 3.86% of the company’s stock.

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About Ability (NASDAQ:ABIL)

Ability Inc, through its subsidiaries, provides interception, geolocation, and cyber intelligence products and solutions for security and intelligence agencies, military forces, law enforcement agencies, and homeland security agencies worldwide. It specializes in off-air interception of voice, SMS, and data communication from cellular and satellite communication networks; and deciphering solutions for cellular and satellite communications.

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