Jane Street Group LLC Buys 44,147 Shares of System1, Inc. (NYSE:SST)

Jane Street Group LLC increased its stake in shares of System1, Inc. (NYSE:SST) by 74.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 103,589 shares of the company’s stock after buying an additional 44,147 shares during the quarter. Jane Street Group LLC’s holdings in System1 were worth $116,000 as of its most recent filing with the SEC.

Separately, XTX Topco Ltd bought a new position in shares of System1 during the 2nd quarter valued at approximately $37,000. Hedge funds and other institutional investors own 87.50% of the company’s stock.

System1 Trading Down 2.5 %

Shares of SST stock opened at $0.62 on Wednesday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 2.52. The firm has a market cap of $57.35 million, a P/E ratio of -0.52 and a beta of 1.39. The company has a 50 day moving average of $0.95 and a 200-day moving average of $1.13. System1, Inc. has a 12-month low of $0.60 and a 12-month high of $2.73.

System1 Profile

System1, Inc provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States, the United Kingdom, Canada, the Netherlands, and internationally. It operates through two segments: Owned and Operated Advertising, and Partner Network.