Triller Group (NASDAQ:ILLR) Stock Price Up 38.2% – Here’s What Happened

Triller Group Inc. (NASDAQ:ILLR) shot up 38.2% on Friday . The stock traded as high as $0.2699 and last traded at $0.2699. 54,247 shares changed hands during trading, a decline of 93% from the average session volume of 790,959 shares. The stock had previously closed at $0.1953.

Triller Group Stock Up 38.2%

The company’s fifty day moving average price is $0.32 and its two-hundred day moving average price is $0.54. The firm has a market cap of $41.88 million, a PE ratio of -0.22 and a beta of -1.78.

Institutional Trading of Triller Group

Large investors have recently bought and sold shares of the company. Virtu Financial LLC raised its holdings in shares of Triller Group by 267.9% in the third quarter. Virtu Financial LLC now owns 45,741 shares of the company’s stock worth $38,000 after acquiring an additional 33,308 shares during the last quarter. Vanguard Group Inc. increased its position in Triller Group by 329.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,730,920 shares of the company’s stock worth $2,267,000 after purchasing an additional 2,095,390 shares in the last quarter. JPMorgan Chase & Co. increased its position in Triller Group by 15.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 139,821 shares of the company’s stock worth $116,000 after purchasing an additional 18,811 shares in the last quarter. Bank of America Corp DE raised its stake in Triller Group by 645.3% in the 2nd quarter. Bank of America Corp DE now owns 56,587 shares of the company’s stock valued at $53,000 after purchasing an additional 48,994 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Triller Group in the 2nd quarter valued at about $52,000. Institutional investors and hedge funds own 0.04% of the company’s stock.

Triller Group Company Profile

Triller Group (NASDAQ: ILLR) is a publicly traded entertainment and technology company known primarily for its ownership and operation of the Triller social video platform. Launched as a competitor to other short-form video services, Triller offers users tools for video creation, music integration and social sharing. The platform caters to a broad audience of content creators, influencers and music artists, enabling them to produce, edit and distribute short videos directly from mobile devices.

Beyond the core app, Triller Group has diversified into live events, digital media and sports content.