Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Stock Position in ATRenew Inc. (NYSE:RERE)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of ATRenew Inc. (NYSE:RERE) by 16.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,401 shares of the company’s stock after purchasing an additional 7,883 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in ATRenew were worth $162,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of RERE. Walleye Capital LLC purchased a new stake in shares of ATRenew during the third quarter worth approximately $32,000. QRG Capital Management Inc. purchased a new stake in shares of ATRenew in the 4th quarter valued at approximately $48,000. SG Americas Securities LLC purchased a new stake in shares of ATRenew during the 4th quarter worth $137,000. Quadrature Capital Ltd lifted its position in shares of ATRenew by 67.8% during the 3rd quarter. Quadrature Capital Ltd now owns 70,729 shares of the company’s stock worth $197,000 after purchasing an additional 28,569 shares during the last quarter. Finally, Centiva Capital LP grew its stake in shares of ATRenew by 342.2% during the third quarter. Centiva Capital LP now owns 75,483 shares of the company’s stock worth $210,000 after purchasing an additional 58,413 shares in the last quarter. Institutional investors and hedge funds own 19.29% of the company’s stock.

ATRenew Price Performance

ATRenew stock opened at $3.13 on Friday. The stock’s fifty day moving average is $3.00 and its two-hundred day moving average is $2.80. The stock has a market cap of $762.10 million, a PE ratio of -62.49, a P/E/G ratio of 0.41 and a beta of 0.08. ATRenew Inc. has a 1-year low of $1.50 and a 1-year high of $3.70.

ATRenew Company Profile

ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.