Mary Jennifer Oreilly Sells 3,000 Shares of Soluna Holdings, Inc. (NASDAQ:SLNH) Stock

Soluna Holdings, Inc. (NASDAQ:SLNH) insider Mary Jennifer Oreilly sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $11.82, for a total value of $35,460.00. Following the completion of the sale, the insider now owns 17,000 shares of the company’s stock, valued at $200,940. The trade was a 15.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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 Performance

SLNH opened at $3.43 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.59 and a quick ratio of 0.59. The business’s fifty day simple moving average is $3.53 and its 200-day simple moving average is $4.01. Soluna Holdings, Inc. has a 12-month low of $1.40 and a 12-month high of $8.80.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SLNH. State Street Corp bought a new stake in shares of Soluna in the 3rd quarter valued at about $36,000. Virtu Financial LLC purchased a new position in Soluna during the third quarter valued at approximately $36,000. Finally, Coastal Bridge Advisors LLC bought a new position in Soluna in the second quarter worth approximately $61,000. 23.19% of the stock is currently owned by institutional investors.

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.