CURRENC Group Inc. (NASDAQ:CURR – Get Free Report) shares were down 2.4% during trading on Tuesday . The company traded as low as $1.55 and last traded at $1.65. Approximately 165,922 shares changed hands during trading, a decline of 99% from the average daily volume of 18,064,932 shares. The stock had previously closed at $1.69.
CURRENC Group Price Performance
The company has a 50-day moving average price of $1.88.
Institutional Trading of CURRENC Group
A hedge fund recently bought a new stake in CURRENC Group stock. Rivernorth Capital Management LLC acquired a new stake in CURRENC Group Inc. (NASDAQ:CURR – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 61,243 shares of the company’s stock, valued at approximately $153,000. Rivernorth Capital Management LLC owned approximately 0.13% of CURRENC Group at the end of the most recent quarter. 56.01% of the stock is currently owned by hedge funds and other institutional investors.
About CURRENC Group
Currenc Group, Inc engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.
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