2 weeks Ago By ABMN Staff
Rhumbline Advisers bought a new position in shares of FREYR Battery, Inc. ( NYSE:FREY – Free Report ) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 119,430 shares of the company’s stock, valued at approximately $203,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FFT Wealth Management LLC purchased a new stake in FREYR Battery during the 2nd quarter valued at about $65,000. IQ EQ FUND MANAGEMENT IRELAND Ltd acquired a new position in shares of FREYR Battery during the second quarter valued at approximately $676,000.
Bank of New York Mellon Corp purchased a new stake in shares of FREYR Battery in the second quarter valued at approximately $571,000. SG Americas Securities LLC acquired a new stake in shares of FREYR Battery in the second quarter valued at $38,000. Finally, Cetera Advisors LLC acquired a new position in FREYR Battery during the 1st quarter worth about $73,000.
52.31% of the stock is currently owned by hedge funds and other institutional investors. FREYR Battery Stock Up 3.
8 % Shares of FREY opened at $1.09 on Friday. FREYR Battery, Inc.
has a fifty-two week low of $0.91 and a fifty-two week high of $5.16.
The firm’s 50 day moving average price is $1.28 and its 200 day moving average price is $1.64.
The company has a market cap of $153.13 million, a P/E ratio of -1.76 and a beta of 0.
74. About FREYR Battery ( Free Report ) FREYR Battery, Inc provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities.
It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Luxembourg. Featured Articles Want to see what other hedge funds are holding FREY? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for FREYR Battery, Inc. ( NYSE:FREY – Free Report ). Receive News & Ratings for FREYR Battery Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FREYR Battery and related companies with MarketBeat.
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