Pintec Technology (NASDAQ:PT) Shares to Reverse Split on Monday, May 16th

Shares of Pintec Technology Holdings Limited (NASDAQ:PT – Get Rating) are scheduled to reverse split before the market opens on Monday, May 16th. The 1-5 reverse split was announced on Monday, May 16th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, May 16th.

Shares of NASDAQ PT opened at $0.46 on Friday. Pintec Technology has a 12 month low of $0.38 and a 12 month high of $1.42. The stock has a 50 day moving average of $0.61 and a 200-day moving average of $0.62.

A hedge fund recently bought a new stake in Pintec Technology stock. Citadel Advisors LLC purchased a new position in shares of Pintec Technology Holdings Limited (NASDAQ:PT – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 113,392 shares of the company’s stock, valued at approximately $113,000. Citadel Advisors LLC owned about 0.26% of Pintec Technology at the end of the most recent quarter. 0.25% of the stock is owned by hedge funds and other institutional investors.

About Pintec Technology (Get Rating)

Pintec Technology Holdings Limited, together with its subsidiaries, operates an online technology platform that enables financial services in the People's Republic of China. The company connects business partners and financial partners on its platform and enables them to provide financial services to end users.

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