KULR Technology Group Sees Unusually Large Options Volume (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the recipient of some unusual options trading on Wednesday. Stock traders bought 8,805 call options on the company. This represents an increase of 382% compared to the typical daily volume of 1,828 call options.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. raised its stake in shares of KULR Technology Group by 201.7% in the 4th quarter. Russell Investments Group Ltd. now owns 9,167 shares of the company’s stock valued at $27,000 after acquiring an additional 6,129 shares during the period. BNP Paribas Financial Markets boosted its position in shares of KULR Technology Group by 147.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,956 shares of the company’s stock worth $29,000 after purchasing an additional 4,150 shares during the period. Focus Partners Wealth purchased a new position in shares of KULR Technology Group during the 3rd quarter worth approximately $42,000. LPL Financial LLC increased its holdings in KULR Technology Group by 51.1% in the 4th quarter. LPL Financial LLC now owns 16,158 shares of the company’s stock valued at $48,000 after purchasing an additional 5,466 shares during the last quarter. Finally, AXQ Capital LP purchased a new stake in KULR Technology Group in the fourth quarter valued at approximately $51,000. Hedge funds and other institutional investors own 21.23% of the company’s stock.

KULR Technology Group Stock Up 1.3%

KULR stock opened at $3.02 on Friday. KULR Technology Group has a 52-week low of $2.15 and a 52-week high of $16.77. The stock has a market cap of $137.92 million, a price-to-earnings ratio of -4.51 and a beta of 2.04. The business has a fifty day moving average of $3.40 and a two-hundred day moving average of $3.92.

About KULR Technology Group

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices.