Public Employees Retirement System of Ohio Purchases Shares of 68,776 Dingdong (Cayman) Limited (NYSE:DDL)

Public Employees Retirement System of Ohio acquired a new position in Dingdong (Cayman) Limited (NYSE:DDL) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 68,776 shares of the company’s stock, valued at approximately $244,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Acadian Asset Management LLC bought a new position in Dingdong (Cayman) during the 2nd quarter worth approximately $86,000. Quadrature Capital Ltd boosted its stake in shares of Dingdong (Cayman) by 87.9% during the third quarter. Quadrature Capital Ltd now owns 47,686 shares of the company’s stock valued at $168,000 after purchasing an additional 22,302 shares during the period. Centiva Capital LP bought a new position in shares of Dingdong (Cayman) in the third quarter worth approximately $170,000. XTX Topco Ltd purchased a new position in shares of Dingdong (Cayman) in the third quarter worth $225,000. Finally, GSA Capital Partners LLP raised its holdings in Dingdong (Cayman) by 81.0% during the 3rd quarter. GSA Capital Partners LLP now owns 72,561 shares of the company’s stock valued at $258,000 after buying an additional 32,478 shares during the last quarter. Institutional investors own 24.66% of the company’s stock.

Dingdong (Cayman) Stock Up 2.3 %

Shares of Dingdong (Cayman) stock opened at $4.08 on Friday. The firm has a market cap of $963.81 million, a PE ratio of 45.33 and a beta of 0.37. The company’s fifty day simple moving average is $3.93 and its two-hundred day simple moving average is $2.85. Dingdong has a 12-month low of $1.07 and a 12-month high of $4.79.

About Dingdong (Cayman)

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh groceries, including vegetables, meat and eggs, fruits, and seafood; prepared food, and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. It offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms.