Soluna Holdings, Inc. (NASDAQ:SLNH) Insider Sells $35,460.00 in Stock

Soluna Holdings, Inc. (NASDAQ:SLNH) insider Mary Jennifer Oreilly sold 3,000 shares of Soluna stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $11.82, for a total transaction of $35,460.00. Following the completion of the transaction, the insider now directly owns 17,000 shares in the company, valued at $200,940. This represents a 15.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Mary Jennifer Oreilly also recently made the following trade(s):

• On Thursday, November 21st, Mary Jennifer Oreilly sold 2,000 shares of Soluna stock. The shares were sold at an average price of $11.48, for a total value of $22,960.00.

Soluna Stock Down 2.3 %

Shares of NASDAQ:SLNH opened at $3.43 on Friday. The business’s 50-day moving average is $3.53 and its 200 day moving average is $4.01. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.16. Soluna Holdings, Inc. has a 1 year low of $1.40 and a 1 year high of $8.80.

Hedge Funds Weigh In On Soluna

Several hedge funds have recently modified their holdings of SLNH. Virtu Financial LLC acquired a new stake in Soluna in the 3rd quarter worth approximately $36,000. State Street Corp purchased a new position in shares of Soluna in the third quarter worth $36,000. Finally, Coastal Bridge Advisors LLC acquired a new stake in shares of Soluna during the second quarter worth $61,000. Institutional investors and hedge funds own 23.19% of the company’s stock.

Soluna Company Profile

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.