KULR Technology Group Target of Unusually Large Options Trading (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the target of some unusual options trading on Wednesday. Stock investors acquired 40,907 call options on the company. This is an increase of 222% compared to the average daily volume of 12,692 call options.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KULR. Virtu Financial LLC purchased a new position in KULR Technology Group in the third quarter worth approximately $29,000. XTX Topco Ltd purchased a new stake in shares of KULR Technology Group in the 2nd quarter valued at approximately $31,000. Finally, Geode Capital Management LLC lifted its position in shares of KULR Technology Group by 44.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock worth $443,000 after purchasing an additional 479,026 shares during the last quarter. Institutional investors and hedge funds own 21.23% of the company’s stock.

KULR Technology Group Trading Down 14.3 %

Shares of NYSEAMERICAN:KULR opened at $3.55 on Thursday. The stock has a market cap of $849.44 million, a price-to-earnings ratio of -29.58 and a beta of 3.17. KULR Technology Group has a 1 year low of $0.10 and a 1 year high of $5.49. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81.

KULR Technology Group Company Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.