Hyperscale Data (NYSEAMERICAN:GPUS) Shares Down 1.6% – What’s Next?

Shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) dropped 1.6% on Friday . The stock traded as low as $3.01 and last traded at $3.10. Approximately 34,986 shares traded hands during trading, a decline of 64% from the average daily volume of 96,226 shares. The stock had previously closed at $3.15.

Hyperscale Data Stock Performance

The company has a current ratio of 0.23, a quick ratio of 0.22 and a debt-to-equity ratio of 11.68.

Institutional Investors Weigh In On Hyperscale Data

A hedge fund recently bought a new stake in Hyperscale Data stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 20,000 shares of the company’s stock, valued at approximately $97,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 1.80% of Hyperscale Data at the end of the most recent reporting period. Institutional investors own 41.05% of the company’s stock.

About Hyperscale Data

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.