SOS (NYSE:SOS) Shares Scheduled to Reverse Split on Wednesday, November 20th

SOS Limited (NYSE:SOS) shares are set to reverse split before the market opens on Wednesday, November 20th. The 1-15 reverse split was announced on Monday, November 4th. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, November 19th.

SOS Trading Down 3.6 %

SOS stock opened at $0.80 on Friday. The firm has a 50 day moving average of $0.77 and a 200-day moving average of $0.84. SOS has a 12-month low of $0.50 and a 12-month high of $6.88.

Institutional Trading of SOS

Hedge funds and other institutional investors have recently bought and sold shares of the company. Virtu Financial LLC grew its stake in SOS by 82.1% in the 1st quarter. Virtu Financial LLC now owns 31,162 shares of the company’s stock worth $53,000 after acquiring an additional 14,052 shares during the period. EntryPoint Capital LLC purchased a new stake in shares of SOS during the 1st quarter valued at $38,000. State Street Corp purchased a new stake in shares of SOS during the 3rd quarter valued at $49,000. Finally, Anson Funds Management LP purchased a new stake in shares of SOS during the 1st quarter valued at $1,805,000. 1.92% of the stock is owned by hedge funds and other institutional investors.

SOS Company Profile

SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, financial rescue, and life rescue cards; cooperative cloud systems, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud systems, such as newsToday and E-commerce Today, 10086 hot-line center, information security services, and marketing-related data.