102,884 Shares in Lightbridge Co. (NASDAQ:LTBR) Purchased by Verition Fund Management LLC

Verition Fund Management LLC purchased a new stake in shares of Lightbridge Co. (NASDAQ:LTBR) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 102,884 shares of the energy company’s stock, valued at approximately $288,000. Verition Fund Management LLC owned about 0.65% of Lightbridge as of its most recent filing with the SEC.

Separately, Capital Market Strategies LLC purchased a new position in shares of Lightbridge during the third quarter valued at approximately $39,000. 9.14% of the stock is owned by institutional investors and hedge funds.

Lightbridge Price Performance

NASDAQ LTBR opened at $4.76 on Friday. The business has a fifty day simple moving average of $6.46 and a 200 day simple moving average of $4.12. Lightbridge Co. has a 12 month low of $2.21 and a 12 month high of $14.20.

Lightbridge Profile

Lightbridge Corporation, together with its subsidiaries, engages in developing nuclear fuel technology. It develops and commercializes metallic nuclear fuels. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.