Ault Alliance (NYSEAMERICAN:AULT) Trading Up 5.1% – What’s Next?

Ault Alliance, Inc. (NYSEAMERICAN:AULTGet Free Report)’s share price shot up 5.1% during mid-day trading on Thursday . The company traded as high as $0.22 and last traded at $0.21. 972,300 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 4,000,496 shares. The stock had previously closed at $0.20.

Ault Alliance Stock Performance

The company has a debt-to-equity ratio of 0.99, a current ratio of 0.23 and a quick ratio of 0.19.

Institutional Investors Weigh In On Ault Alliance

A hedge fund recently bought a new stake in Ault Alliance stock. Virtu Financial LLC bought a new stake in Ault Alliance, Inc. (NYSEAMERICAN:AULTFree Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 86,642 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned 0.29% of Ault Alliance as of its most recent SEC filing. 41.05% of the stock is owned by hedge funds and other institutional investors.

About Ault Alliance

(Get Free Report)

Ault Alliance, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.

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