Waton Financial (NASDAQ:WTF) Stock Price Up 3.4% – Should You Buy?

Waton Financial Limited (NASDAQ:WTF) rose 3.4% during trading on Wednesday . The stock traded as high as $3.81 and last traded at $3.65. Approximately 608,554 shares changed hands during trading, an increase of 222% from the average daily volume of 189,170 shares. The stock had previously closed at $3.53.

Waton Financial Stock Performance

The company has a 50 day moving average price of $3.57 and a 200 day moving average price of $3.74.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Waton Financial stock. Boothbay Fund Management LLC purchased a new position in shares of Waton Financial Limited (NASDAQ:WTF) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned about 0.19% of Waton Financial at the end of the most recent quarter.

About Waton Financial

Waton Financial Ltd. is a holding company, which engages in the provision of securities brokerage and financial technology services. It is also involved in software licensing and related support services including the licensing of trading platform app, upgrades and enhancements, maintenance, and other related services to financial institutions. The company was founded on June 25, 2010 and is headquartered in Hong Kong.