Shares of MICT Inc (NASDAQ:MICT) fell 5.1% during trading on Thursday . The company traded as low as $0.94 and last traded at $0.94. 585,381 shares were traded during mid-day trading, an increase of 313% from the average session volume of 141,901 shares. The stock had previously closed at $0.99.
An institutional investor recently raised its position in MICT stock. Vanguard Group Inc increased its stake in MICT Inc (NASDAQ:MICT) by 80.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,900 shares of the aerospace company’s stock after purchasing an additional 16,450 shares during the period. Vanguard Group Inc owned approximately 0.40% of MICT worth $41,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 3.68% of the company’s stock.
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MICT Company Profile (NASDAQ:MICT)
MICT, Inc designs, develops, manufactures, and sells rugged mobile computing devices comprising tablets and on-board-computers that provide fleet operators and field workforces with computing solutions for challenging work environments, such as extreme temperatures, repeated vibrations, or dirty and wet or dusty conditions.
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