UP Fintech Holding Limited (NASDAQ:TIGR) Shares Sold by Caxton Associates LP

Caxton Associates LP cut its holdings in UP Fintech Holding Limited (NASDAQ:TIGR) by 64.9% during the first quarter, Holdings Channel reports. The institutional investor owned 29,043 shares of the company’s stock after selling 53,680 shares during the period. Caxton Associates LP’s holdings in UP Fintech were worth $100,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in TIGR. Russell Investments Group Ltd. boosted its holdings in UP Fintech by 6,367.8% in the first quarter. Russell Investments Group Ltd. now owns 453,585 shares of the company’s stock valued at $1,560,000 after purchasing an additional 446,572 shares in the last quarter. GSA Capital Partners LLP lifted its position in shares of UP Fintech by 19.8% during the 1st quarter. GSA Capital Partners LLP now owns 280,979 shares of the company’s stock worth $967,000 after buying an additional 46,394 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of UP Fintech during the 1st quarter worth approximately $34,000. GAMMA Investing LLC boosted its holdings in shares of UP Fintech by 308.9% in the 1st quarter. GAMMA Investing LLC now owns 7,683 shares of the company’s stock valued at $26,000 after buying an additional 5,804 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its position in shares of UP Fintech by 32.6% in the 4th quarter. Asset Management One Co. Ltd. now owns 14,028 shares of the company’s stock valued at $61,000 after buying an additional 3,446 shares during the last quarter. 9.03% of the stock is owned by institutional investors and hedge funds.

UP Fintech Stock Performance

TIGR traded down $0.01 on Tuesday, reaching $4.04. The company had a trading volume of 289,450 shares, compared to its average volume of 1,027,882. The stock has a 50-day moving average price of $4.36 and a 200-day moving average price of $4.01. The stock has a market capitalization of $675.24 million, a PE ratio of 17.61 and a beta of 0.90. UP Fintech Holding Limited has a 1 year low of $3.10 and a 1 year high of $5.80. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.32.

UP Fintech (NASDAQ:TIGR) last released its quarterly earnings results on Wednesday, June 5th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $78.95 million for the quarter. UP Fintech had a return on equity of 7.64% and a net margin of 12.95%.

About UP Fintech

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform; and account management services.