Stock Traders Buy High Volume of Call Options on KULR Technology Group (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the target of some unusual options trading activity on Wednesday. Investors acquired 40,907 call options on the company. This represents an increase of 222% compared to the average daily volume of 12,692 call options.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC bought a new stake in shares of KULR Technology Group during the 3rd quarter valued at $29,000. XTX Topco Ltd purchased a new stake in KULR Technology Group in the 2nd quarter worth $31,000. Finally, Geode Capital Management LLC raised its holdings in KULR Technology Group by 44.5% during the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock valued at $443,000 after acquiring an additional 479,026 shares during the period. Institutional investors own 21.23% of the company’s stock.

KULR Technology Group Trading Down 14.4 %

Shares of NYSEAMERICAN:KULR opened at $3.04 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $727.41 million, a PE ratio of -25.33 and a beta of 3.17. KULR Technology Group has a twelve month low of $0.10 and a twelve month high of $5.49.

KULR Technology Group Company Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.