Sidus Space (NASDAQ:SIDU) Trading Down 0.4% – What’s Next?

Sidus Space, Inc. (NASDAQ:SIDU)’s stock price traded down 0.4% during mid-day trading on Thursday . The stock traded as low as $2.36 and last traded at $2.51. 792,468 shares changed hands during trading, a decline of 66% from the average session volume of 2,365,235 shares. The stock had previously closed at $2.52.

Sidus Space Stock Performance

The firm has a 50-day moving average of $3.20 and a 200-day moving average of $2.66.

Institutional Trading of Sidus Space

Several institutional investors have recently made changes to their positions in SIDU. Tower Research Capital LLC TRC grew its holdings in Sidus Space by 747.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,620 shares of the company’s stock valued at $28,000 after buying an additional 4,957 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in Sidus Space during the 4th quarter valued at approximately $51,000. XTX Topco Ltd purchased a new position in Sidus Space during the 4th quarter valued at approximately $58,000. Millennium Management LLC purchased a new position in Sidus Space during the 4th quarter valued at approximately $89,000. Finally, Northern Trust Corp purchased a new position in Sidus Space during the 4th quarter valued at approximately $111,000. Hedge funds and other institutional investors own 17.91% of the company’s stock.

About Sidus Space

Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its space services include satellite/space hardware manufacturing; Low Earth Orbit (LEO) launch and deployment services; and space-based geospatial intel, imagery, and data analytics.