Jane Street Group LLC Invests $53,000 in Zedge, Inc. (NYSEAMERICAN:ZDGE)

Jane Street Group LLC bought a new stake in Zedge, Inc. (NYSEAMERICAN:ZDGEFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,774 shares of the company’s stock, valued at approximately $53,000. Jane Street Group LLC owned about 0.15% of Zedge at the end of the most recent quarter.

Separately, XTX Topco Ltd bought a new stake in Zedge in the 4th quarter valued at $40,000. 29.37% of the stock is currently owned by institutional investors.

Zedge Trading Down 0.8%

Shares of NYSEAMERICAN ZDGE opened at $2.59 on Monday. The firm has a fifty day moving average price of $2.27. Zedge, Inc. has a one year low of $1.73 and a one year high of $4.37. The firm has a market cap of $35.28 million, a price-to-earnings ratio of -3.87 and a beta of 1.25.

About Zedge

(Free Report)

Zedge, Inc builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds.

Further Reading

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Institutional Ownership by Quarter for Zedge (NYSEAMERICAN:ZDGE)

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