Ebang International (NASDAQ:EBON) Stock Price Up 0.3%

Ebang International Holdings Inc. (NASDAQ:EBON)’s stock price rose 0.3% during trading on Tuesday . The stock traded as high as $6.43 and last traded at $6.19. Approximately 11,071 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 34,139 shares. The stock had previously closed at $6.17.

Ebang International Stock Up 2.6 %

The company has a 50 day moving average of $7.52 and a 200 day moving average of $9.20.

Institutional Trading of Ebang International

An institutional investor recently bought a new position in Ebang International stock. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Ebang International Holdings Inc. (NASDAQ:EBON) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 47,599 shares of the company’s stock, valued at approximately $462,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.95% of Ebang International as of its most recent SEC filing. Institutional investors own 1.15% of the company’s stock.

About Ebang International

Ebang International Holdings Inc, through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. It also provides mining machine hosting services; and engages in the development of proprietary cryptocurrency exchange platform.