Polunin Capital Partners Ltd lessened its stake in shares of Niu Technologies (NASDAQ:NIU – Free Report) by 2.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,100,262 shares of the company’s stock after selling 29,500 shares during the quarter. Niu Technologies comprises 0.6% of Polunin Capital Partners Ltd’s portfolio, making the stock its 19th largest holding. Polunin Capital Partners Ltd owned approximately 1.42% of Niu Technologies worth $2,640,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently modified their holdings of NIU. Virtu Financial LLC purchased a new stake in shares of Niu Technologies in the first quarter worth $72,000. Acadian Asset Management LLC bought a new stake in Niu Technologies during the 2nd quarter valued at about $76,000. Renaissance Technologies LLC boosted its stake in shares of Niu Technologies by 2.6% in the 2nd quarter. Renaissance Technologies LLC now owns 305,000 shares of the company’s stock worth $531,000 after buying an additional 7,800 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Niu Technologies in the second quarter worth $907,000. Finally, Green Alpha Advisors LLC increased its position in Niu Technologies by 23.9% during the third quarter. Green Alpha Advisors LLC now owns 101,572 shares of the company’s stock valued at $234,000 after acquiring an additional 19,574 shares during the last quarter. 75.06% of the stock is currently owned by institutional investors.
Niu Technologies Trading Down 5.4 %
NIU stock traded down $0.13 during trading on Friday, reaching $2.27. The stock had a trading volume of 1,263,736 shares, compared to its average volume of 405,497. The stock’s 50 day moving average is $2.16 and its two-hundred day moving average is $2.08. The firm has a market cap of $176.06 million, a PE ratio of -4.45 and a beta of 0.52. Niu Technologies has a 52 week low of $1.57 and a 52 week high of $3.50.
Niu Technologies Profile
Niu Technologies designs, manufactures, and sells electric scooters in the People’s Republic of China, Europe, and internationally. The company offers RQi, NQi, MQi, SQi, UQi, F, and Gova series smart electric scooters, motorcycles, mopeds, and bicycles; KQi series kick-scooters; BQi series e-bikes; and Niu Aero Sports Bicycles.
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