683 Capital Management LLC Invests $423,000 in Mercurity Fintech Holding Inc. (NASDAQ:MFH)

683 Capital Management LLC bought a new stake in shares of Mercurity Fintech Holding Inc. (NASDAQ:MFH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 62,000 shares of the company’s stock, valued at approximately $423,000. 683 Capital Management LLC owned 0.10% of Mercurity Fintech as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of MFH. Y Intercept Hong Kong Ltd bought a new stake in shares of Mercurity Fintech during the fourth quarter valued at approximately $83,000. Schonfeld Strategic Advisors LLC bought a new stake in Mercurity Fintech during the 4th quarter valued at $420,000. Finally, Geode Capital Management LLC raised its holdings in Mercurity Fintech by 16.3% during the fourth quarter. Geode Capital Management LLC now owns 29,969 shares of the company’s stock worth $205,000 after buying an additional 4,201 shares during the last quarter. 30.82% of the stock is owned by institutional investors.

Mercurity Fintech Trading Up 1.7 %

Shares of NASDAQ MFH opened at $7.31 on Friday. Mercurity Fintech Holding Inc. has a 1 year low of $1.03 and a 1 year high of $8.86. The company has a 50-day moving average price of $5.70 and a 200-day moving average price of $5.53.

Mercurity Fintech Profile

Mercurity Fintech Holding Inc operates as a fintech company powered by blockchain. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders; and asset digitalization platform, which offers blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals.