178,114 Shares in MediaCo Holding Inc. (NASDAQ:MDIA) Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC acquired a new stake in shares of MediaCo Holding Inc. (NASDAQ:MDIA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 178,114 shares of the company’s stock, valued at approximately $228,000.

Separately, XTX Topco Ltd purchased a new stake in shares of MediaCo in the 2nd quarter worth $53,000. Institutional investors own 64.01% of the company’s stock.

MediaCo Stock Performance

NASDAQ MDIA opened at $1.81 on Tuesday. The company’s 50-day simple moving average is $2.46 and its two-hundred day simple moving average is $2.55. MediaCo Holding Inc. has a one year low of $0.40 and a one year high of $6.86. The company has a market capitalization of $84.54 million, a price-to-earnings ratio of -1.00 and a beta of -0.05.

MediaCo (NASDAQ:MDIA) last posted its quarterly earnings data on Wednesday, September 18th. The company reported ($0.75) EPS for the quarter. The company had revenue of $26.20 million for the quarter.

MediaCo Company Profile

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.