Seven Eight Capital LP acquired a new position in Iris Energy Limited (NASDAQ:IREN – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 12,928 shares of the company’s stock, valued at approximately $146,000.
Other hedge funds have also recently made changes to their positions in the company. CCG Wealth Management LLC bought a new position in Iris Energy during the first quarter valued at approximately $72,000. VitalStone Financial LLC boosted its stake in Iris Energy by 373.9% during the first quarter. VitalStone Financial LLC now owns 13,980 shares of the company’s stock valued at $71,000 after buying an additional 11,030 shares during the last quarter. Olympiad Research LP bought a new position in Iris Energy during the fourth quarter valued at approximately $173,000. PEAK6 Investments LLC bought a new position in Iris Energy during the first quarter valued at approximately $133,000. Finally, Chesapeake Capital Corp IL bought a new position in Iris Energy during the fourth quarter valued at approximately $221,000. Institutional investors own 41.08% of the company’s stock.
Iris Energy Trading Up 5.6 %
Shares of NASDAQ IREN opened at $7.93 on Tuesday. The business’s 50 day moving average price is $8.39 and its 200-day moving average price is $8.05. Iris Energy Limited has a fifty-two week low of $2.79 and a fifty-two week high of $15.75.
Analyst Upgrades and Downgrades
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About Iris Energy
Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
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