AERWINS Technologies Stock Set to Reverse Split on Tuesday, April 2nd (NASDAQ:AWIN)

AERWINS Technologies Inc. (NASDAQ:AWIN)’s stock is set to reverse split on the morning of Tuesday, April 2nd. The 1-100 reverse split was announced on Tuesday, April 2nd. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, April 2nd.

AERWINS Technologies Price Performance

Shares of AWIN traded down $0.01 during mid-day trading on Friday, reaching $0.06. 3,286,782 shares of the company were exchanged, compared to its average volume of 399,705. AERWINS Technologies has a 52 week low of $0.05 and a 52 week high of $1.06. The business has a 50 day simple moving average of $0.09 and a two-hundred day simple moving average of $0.12.

Hedge Funds Weigh In On AERWINS Technologies

Hedge funds have recently made changes to their positions in the stock. CIBC Asset Management Inc bought a new position in shares of AERWINS Technologies during the first quarter worth about $50,000. First Foundation Advisors increased its holdings in AERWINS Technologies by 50.0% in the second quarter. First Foundation Advisors now owns 150,000 shares of the company’s stock worth $63,000 after purchasing an additional 50,000 shares in the last quarter. Finally, Two Sigma Securities LLC bought a new stake in AERWINS Technologies in the first quarter worth approximately $86,000. 7.90% of the stock is currently owned by institutional investors.

AERWINS Technologies Company Profile

AERWINS Technologies Inc develops and manufactures air mobility platform in Japan. It also provides centralized operating system for managing open sky, hoverbikes, and drones; shared computing service; and blockchain verification and AI algorithm generation services. The company is headquartered in Tokyo, Japan.