Uni-Fuels Holdings Limited (NASDAQ:UFG – Get Free Report) fell 2.9% during trading on Wednesday . The company traded as low as $7.55 and last traded at $7.63. 25,935 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 660,523 shares. The stock had previously closed at $7.86.
Uni-Fuels Trading Down 2.9%
The company has a fifty day moving average of $4.79.
Institutional Investors Weigh In On Uni-Fuels
A hedge fund recently bought a new stake in Uni-Fuels stock. Marex Group plc bought a new position in shares of Uni-Fuels Holdings Limited (NASDAQ:UFG – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 46,882 shares of the company’s stock, valued at approximately $105,000. Marex Group plc owned 0.16% of Uni-Fuels as of its most recent SEC filing.
About Uni-Fuels
We are a service provider of marine fuels solutions headquartered in Singapore. We market, resell and broker marine fuels products such as very low sulfur fuel oil (“VLSFO”), high sulfur fuel oil (“HSFO”), and marine gas oil (“MGO”). We offer these products to shipping companies and marine fuels suppliers worldwide in-port and offshore.
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