Short Interest in KULR Technology Group, Inc. (NYSEAMERICAN:KULR) Declines By 6.5%

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 13,830,000 shares, a decrease of 6.5% from the December 15th total of 14,790,000 shares. Currently, 6.2% of the company’s stock are short sold. Based on an average daily volume of 34,410,000 shares, the short-interest ratio is presently 0.4 days.

KULR Technology Group Trading Down 8.1 %

NYSEAMERICAN:KULR traded down $0.20 during mid-day trading on Friday, hitting $2.28. The stock had a trading volume of 20,894,366 shares, compared to its average volume of 48,441,220. The company has a market capitalization of $545.56 million, a P/E ratio of -19.00 and a beta of 2.43. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81. KULR Technology Group has a twelve month low of $0.10 and a twelve month high of $5.49.

Institutional Trading of KULR Technology Group

A number of hedge funds have recently modified their holdings of KULR. Maiden Cove Capital LLC bought a new position in shares of KULR Technology Group during the fourth quarter worth approximately $71,000. International Assets Investment Management LLC bought a new position in KULR Technology Group during the 4th quarter worth $56,000. Fortem Financial Group LLC acquired a new stake in shares of KULR Technology Group during the fourth quarter worth $298,000. Virtu Financial LLC bought a new stake in shares of KULR Technology Group in the third quarter valued at about $29,000. Finally, Geode Capital Management LLC boosted its position in shares of KULR Technology Group by 44.5% in the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock valued at $443,000 after acquiring an additional 479,026 shares during the period. Institutional investors and hedge funds own 21.23% of the company’s stock.

About KULR Technology Group

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.