Cibc World Markets Corp Purchases Shares of 13,055 Hyliion Holdings Corp. (NYSE:HYLN)

Cibc World Markets Corp purchased a new stake in Hyliion Holdings Corp. (NYSE:HYLN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,055 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds have also modified their holdings of the business. Raymond James Financial Inc. acquired a new position in Hyliion in the 4th quarter valued at about $43,000. XTX Topco Ltd purchased a new stake in shares of Hyliion during the third quarter worth about $60,000. Intech Investment Management LLC acquired a new position in shares of Hyliion in the third quarter valued at approximately $77,000. Verition Fund Management LLC raised its position in shares of Hyliion by 52.9% in the third quarter. Verition Fund Management LLC now owns 33,700 shares of the company’s stock valued at $84,000 after buying an additional 11,653 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Hyliion by 118.9% during the fourth quarter. SG Americas Securities LLC now owns 57,814 shares of the company’s stock worth $151,000 after acquiring an additional 31,408 shares during the last quarter. 22.81% of the stock is owned by hedge funds and other institutional investors.

Hyliion Stock Performance

HYLN stock opened at $1.41 on Friday. The company has a 50 day moving average price of $1.91 and a two-hundred day moving average price of $2.39. The stock has a market capitalization of $246.50 million, a P/E ratio of -3.81 and a beta of 2.24. Hyliion Holdings Corp. has a one year low of $1.21 and a one year high of $4.10.

Hyliion Profile