XTX Topco Ltd Buys Shares of 101,569 RLX Technology Inc. (NYSE:RLX)

XTX Topco Ltd purchased a new position in RLX Technology Inc. (NYSE:RLX) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 101,569 shares of the company’s stock, valued at approximately $184,000.

Several other institutional investors and hedge funds have also made changes to their positions in RLX. Bank of New York Mellon Corp boosted its position in RLX Technology by 36.5% during the second quarter. Bank of New York Mellon Corp now owns 39,615 shares of the company’s stock worth $73,000 after acquiring an additional 10,596 shares during the last quarter. Centiva Capital LP purchased a new position in shares of RLX Technology during the 3rd quarter worth $29,000. Blue Trust Inc. boosted its holdings in shares of RLX Technology by 284.8% during the third quarter. Blue Trust Inc. now owns 35,428 shares of the company’s stock worth $65,000 after purchasing an additional 26,220 shares during the last quarter. Profund Advisors LLC purchased a new stake in shares of RLX Technology in the second quarter valued at $72,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of RLX Technology in the third quarter valued at $108,000. 22.68% of the stock is currently owned by hedge funds and other institutional investors.

RLX Technology Stock Performance

NYSE RLX opened at $1.96 on Friday. The business’s 50-day moving average price is $1.77 and its 200 day moving average price is $1.76. RLX Technology Inc. has a twelve month low of $1.50 and a twelve month high of $2.19. The company has a market capitalization of $3.08 billion, a PE ratio of 49.01 and a beta of 1.03.

RLX Technology Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were issued a dividend of $0.01 per share. The ex-dividend date was Friday, December 6th. This represents a dividend yield of 0.59%. RLX Technology’s payout ratio is currently 25.00%.

RLX Technology Profile

RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.