Boqii (NYSE:BQ) Shares Scheduled to Reverse Split on Tuesday, January 21st

Boqii Holding Limited (NYSE:BQ) shares are scheduled to reverse split on the morning of Tuesday, January 21st. The 1-10 reverse split was announced on Monday, January 13th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, January 20th.

Boqii Stock Down 8.7 %

BQ stock traded down $0.03 during trading on Monday, hitting $0.31. The company had a trading volume of 124,417 shares, compared to its average volume of 159,345. The company has a current ratio of 3.86, a quick ratio of 3.10 and a debt-to-equity ratio of 0.17. Boqii has a 52-week low of $0.22 and a 52-week high of $0.74. The company has a 50 day simple moving average of $0.40 and a 200-day simple moving average of $0.39.

Institutional Trading of Boqii

An institutional investor recently bought a new position in Boqii stock. Renaissance Technologies LLC purchased a new position in shares of Boqii Holding Limited (NYSE:BQ) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 55,864 shares of the company’s stock, valued at approximately $29,000. Renaissance Technologies LLC owned about 1.18% of Boqii as of its most recent filing with the Securities & Exchange Commission. 1.06% of the stock is owned by institutional investors and hedge funds.

About Boqii

Boqii Holding Limited operates a pet-focused platform in the People's Republic of China. The company offers food, treats, shampoos, toys, cages, apparel, OTC veterinary drugs, and other pet products to pet parents, and small and medium pet businesses through e-commerce platforms and offline distribution network.