Renaissance Technologies LLC cut its position in RLX Technology Inc. (NYSE:RLX – Get Rating) by 16.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,389,800 shares of the company’s stock after selling 1,976,400 shares during the period. Renaissance Technologies LLC owned about 0.67% of RLX Technology worth $10,909,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Quadrant Capital Group LLC raised its holdings in RLX Technology by 141.8% in the third quarter. Quadrant Capital Group LLC now owns 27,414 shares of the company’s stock worth $29,000 after purchasing an additional 16,078 shares during the period. Signaturefd LLC raised its holdings in RLX Technology by 175.6% in the third quarter. Signaturefd LLC now owns 47,282 shares of the company’s stock worth $50,000 after purchasing an additional 30,125 shares during the period. West Family Investments Inc. raised its holdings in RLX Technology by 56.5% in the third quarter. West Family Investments Inc. now owns 56,143 shares of the company’s stock worth $59,000 after purchasing an additional 20,260 shares during the period. Teacher Retirement System of Texas acquired a new stake in RLX Technology in the third quarter worth $60,000. Finally, Tower Research Capital LLC TRC acquired a new stake in RLX Technology in the third quarter worth $61,000. 16.88% of the stock is currently owned by institutional investors and hedge funds.
RLX Technology Trading Up 10.4 %
RLX opened at $2.44 on Monday. The firm’s fifty day moving average is $2.40 and its two-hundred day moving average is $1.87. RLX Technology Inc. has a twelve month low of $0.90 and a twelve month high of $3.06.
RLX Technology Profile
RLX Technology Inc, together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China. It serves RELX branded partner stores and other retail outlets through distributors. RLX Technology Inc was founded in 2018 and is based in Beijing, China.
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