SOS Limited (NYSE:SOS – Get Free Report) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 299,800 shares, a growth of 28.6% from the November 30th total of 233,100 shares. Based on an average daily trading volume, of 164,700 shares, the days-to-cover ratio is presently 1.8 days.
Institutional Investors Weigh In On SOS
A hedge fund recently bought a new stake in SOS stock. State Street Corp acquired a new position in shares of SOS Limited (NYSE:SOS – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 61,556 shares of the company’s stock, valued at approximately $49,000. State Street Corp owned about 0.45% of SOS as of its most recent SEC filing. 1.92% of the stock is currently owned by institutional investors and hedge funds.
SOS Trading Up 3.2 %
NYSE SOS opened at $7.48 on Friday. The firm’s 50 day simple moving average is $12.49 and its 200 day simple moving average is $11.95. SOS has a 1 year low of $6.41 and a 1 year high of $101.50.
SOS Company Profile
SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, financial rescue, and life rescue cards; cooperative cloud systems, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud systems, such as newsToday and E-commerce Today, 10086 hot-line center, information security services, and marketing-related data.
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