CooTek (Cayman) Inc. (NYSE:CTK – Get Rating) traded up 8.9% during mid-day trading on Wednesday . The stock traded as high as $0.50 and last traded at $0.49. 1,155 shares changed hands during mid-day trading, The stock had previously closed at $0.45.
CooTek (Cayman) Stock Down 38.8 %
The stock has a fifty day moving average of $0.38 and a 200-day moving average of $1.23.
Institutional Trading of CooTek (Cayman)
A hedge fund recently raised its stake in CooTek (Cayman) stock. Renaissance Technologies LLC boosted its position in shares of CooTek (Cayman) Inc. (NYSE:CTK – Get Rating) by 968.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,910,019 shares of the company’s stock after acquiring an additional 1,731,319 shares during the period. Renaissance Technologies LLC owned about 37.91% of CooTek (Cayman) worth $485,000 as of its most recent SEC filing. 3.47% of the stock is currently owned by institutional investors.
About CooTek (Cayman)
CooTek (Cayman) Inc operates as a mobile internet company in the United States, the People's Republic of China, the United States, and internationally. Its primary product is TouchPal Smart Input, an input method for mobile devices that supports approximately 110 languages. The company also offers Fengdu Novel, a mobile application that provides users with free online novels; Fengdu Audiobooks; and short video series based on Fengdu Literature Platform content and IP resources.
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