Fujian Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) Stock Price Down 4.5%

Shares of Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) fell 4.5% on Friday . The company traded as low as $1.02 and last traded at $1.07. 74,344 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 100,511 shares. The stock had previously closed at $1.12.

Fujian Blue Hat Interactive Entertainment Technology Trading Down 4.5 %

The firm’s 50 day moving average is $1.09 and its two-hundred day moving average is $1.13.

Institutional Trading of Fujian Blue Hat Interactive Entertainment Technology

An institutional investor recently bought a new position in Fujian Blue Hat Interactive Entertainment Technology stock. Hudson Bay Capital Management LP acquired a new position in shares of Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 63,000 shares of the company’s stock, valued at approximately $86,000. Hudson Bay Capital Management LP owned about 0.64% of Fujian Blue Hat Interactive Entertainment Technology at the end of the most recent quarter. 1.94% of the stock is currently owned by hedge funds and other institutional investors.

About Fujian Blue Hat Interactive Entertainment Technology

Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.