FingerMotion Inc (NASDAQ: FNGR) Has Been Falling -52.17% Since The Beginning Of The Year. Troubles Ahead?

During the last session, FingerMotion Inc (NASDAQ:FNGR)’s traded shares were 0.37 million, with the beta value of the company hitting 0.06. At the end of the trading day, the stock’s price was $1.49, reflecting an intraday gain of 17.32% or $0.22. The 52-week high for the FNGR share is $3.96, that puts it down -165.77 from that peak though still a striking 30.87% gain since the share price plummeted to a 52-week low of $1.03. The company’s market capitalization is $85.14M, and the average intraday trading volume over the past 10 days was 0.16 million shares, and the average trade volume was 235.19K shares over the past three months.

FingerMotion Inc (NASDAQ:FNGR) trade information

FingerMotion Inc (FNGR) registered a 17.32% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 17.32% in intraday trading to $1.49, hitting a weekly high. The stock’s 5-day price performance is 9.56%, and it has moved by -1.32% in 30 days. Based on these gigs, the overall price performance for the year is -52.17%. The short interest in FingerMotion Inc (NASDAQ:FNGR) is 2.55 million shares and it means that shorts have 9.07 day(s) to cover.

FNGR Dividends

FingerMotion Inc is due to release its next quarterly earnings on 2023-Oct-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

FingerMotion Inc (NASDAQ:FNGR)’s Major holders

FingerMotion Inc insiders own 26.63% of total outstanding shares while institutional holders control 3.13%, with the float percentage being 4.26%. MILLENNIUM MANAGEMENT LLC is the largest shareholder of the company, while 29.0 institutions own stock in it. As of 2024-06-30, the company held over 0.32 million shares (or 0.6041% of all shares), a total value of $0.81 million in shares.

The next largest institutional holding, with 0.14 million shares, is of PLATFORM TECHNOLOGY PARTNERS’s that is approximately 0.2708% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.36 million.

Also, the Mutual Funds coming in first place with the largest holdings of FingerMotion Inc (FNGR) shares are Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund and SPDR INDEX SHARES FUNDS-SPDR(R) S&P(R) CHINA ETF. Data provided on Feb 28, 2025 indicates that Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund owns about 30.33 shares. This amounts to just over 0.07 percent of the company’s overall shares, with a $45187.0 market value. The same data shows that the other fund manager holds slightly less at 5.99, or about 0.01% of the stock, which is worth about $8925.0.