Cuentas (NASDAQ:CUEN) Shares Up 6.8%

Shares of Cuentas Inc. (NASDAQ:CUEN) traded up 6.8% during trading on Wednesday . The company traded as high as $0.30 and last traded at $0.30. 521 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 7,612 shares. The stock had previously closed at $0.28.

Cuentas Stock Up 21.2 %

The stock’s 50-day moving average price is $0.35 and its 200 day moving average price is $0.80.

Institutional Trading of Cuentas

A hedge fund recently bought a new stake in Cuentas stock. Jane Street Group LLC purchased a new position in shares of Cuentas Inc. (NASDAQ:CUEN) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,036 shares of the company’s stock, valued at approximately $65,000. Jane Street Group LLC owned approximately 0.33% of Cuentas at the end of the most recent quarter.

About Cuentas

Cuentas Inc, together with its subsidiaries, provides mobile, prepaid debit, and digital content services to the unbanked, underbanked, and underserved communities in the United States and internationally. It offers prepaid voice, text, and data mobile phone services; and domestic and international long-distance voice, text, and data telephony services.