Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lessened its holdings in shares of Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) by 48.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,095 shares of the company’s stock after selling 36,373 shares during the period. Renaissance Technologies LLC owned 1.04% of Nisun International Enterprise Development Group worth $136,000 at the end of the most recent reporting period.

Separately, Quadrature Capital Ltd acquired a new position in shares of Nisun International Enterprise Development Group in the first quarter worth $105,000. Institutional investors and hedge funds own 4.73% of the company’s stock.

Nisun International Enterprise Development Group Trading Up 6.8 %

NASDAQ NISN opened at $14.15 on Monday. The firm has a 50 day moving average of $12.82 and a two-hundred day moving average of $8.50. Nisun International Enterprise Development Group Co., Ltd has a 52 week low of $2.16 and a 52 week high of $22.55.

Nisun International Enterprise Development Group announced that its Board of Directors has approved a share buyback plan on Wednesday, October 9th that permits the company to repurchase $15.00 million in shares. This repurchase authorization permits the company to reacquire up to 28.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Nisun International Enterprise Development Group Company Profile

Nisun International Enterprise Development Group Co, Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its rich industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions.