Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Milton Ault III Acquires 50,000 Shares

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III bought 50,000 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was purchased at an average price of $0.23 per share, with a total value of $11,500.00. Following the completion of the transaction, the chairman directly owned 274,905 shares in the company, valued at approximately $63,228.15. This represents a 22.23% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hyperscale Data Stock Down 7.5%

NYSEAMERICAN:GPUS traded down $0.02 during mid-day trading on Thursday, reaching $0.21. The stock had a trading volume of 26,516,710 shares, compared to its average volume of 24,678,801. Hyperscale Data, Inc. has a 12 month low of $0.20 and a 12 month high of $9.98. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.30 and a current ratio of 0.31. The stock has a 50-day simple moving average of $0.41 and a two-hundred day simple moving average of $1.72.

Hyperscale Data (NYSEAMERICAN:GPUS) last released its earnings results on Monday, November 17th. The company reported ($0.39) earnings per share for the quarter. Hyperscale Data had a negative return on equity of 1,163.96% and a negative net margin of 48.58%.The business had revenue of $24.33 million for the quarter.

Hyperscale Data Announces Dividend

The business also recently announced a special dividend, which was paid on Friday, October 31st. Shareholders of record on Monday, October 6th were given a $0.0877 dividend.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Hyperscale Data stock. Qube Research & Technologies Ltd purchased a new stake in Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned about 0.17% of Hyperscale Data as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 41.05% of the company’s stock.

About Hyperscale Data

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.