SOS (NYSE:SOS) Trading Up 6%

SOS Limited (NYSE:SOS)’s share price was up 6% during mid-day trading on Thursday . The stock traded as high as $1.60 and last traded at $1.60. Approximately 74,070 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 382,817 shares. The stock had previously closed at $1.51.

SOS Price Performance

The company’s 50-day simple moving average is $2.99 and its 200-day simple moving average is $3.70.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SOS. Virtu Financial LLC purchased a new position in SOS during the 4th quarter worth approximately $79,000. Northern Trust Corp lifted its stake in shares of SOS by 32.2% in the 4th quarter. Northern Trust Corp now owns 19,828 shares of the company’s stock valued at $91,000 after purchasing an additional 4,828 shares during the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new position in SOS during the 3rd quarter worth $106,000. Citigroup Inc. acquired a new position in SOS during the 1st quarter worth $70,000. Finally, Invesco Ltd. lifted its position in SOS by 28.1% during the 1st quarter. Invesco Ltd. now owns 171,295 shares of the company’s stock worth $92,000 after acquiring an additional 37,624 shares during the last quarter. Institutional investors and hedge funds own 1.92% of the company’s stock.

About SOS

SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, financial rescue, and life rescue cards; cooperative cloud systems, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud systems, such as newsToday and E-commerce Today, 10086 hot-line center, information security services, and marketing-related data.