AXQ Capital LP Acquires Shares of 17,434 Hyliion Holdings Corp. (NYSE:HYLN)

AXQ Capital LP bought a new position in Hyliion Holdings Corp. (NYSE:HYLN) during the 4th quarter, HoldingsChannel.com reports. The fund bought 17,434 shares of the company’s stock, valued at approximately $46,000.

Several other institutional investors have also made changes to their positions in the company. Intech Investment Management LLC acquired a new position in Hyliion in the 3rd quarter worth approximately $77,000. Charles Schwab Investment Management Inc. boosted its position in shares of Hyliion by 2.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,057,394 shares of the company’s stock worth $2,622,000 after buying an additional 20,541 shares during the period. Verition Fund Management LLC grew its holdings in shares of Hyliion by 52.9% during the third quarter. Verition Fund Management LLC now owns 33,700 shares of the company’s stock valued at $84,000 after buying an additional 11,653 shares in the last quarter. HITE Hedge Asset Management LLC raised its position in Hyliion by 130.6% during the third quarter. HITE Hedge Asset Management LLC now owns 933,659 shares of the company’s stock valued at $2,315,000 after buying an additional 528,750 shares during the period. Finally, State Street Corp lifted its stake in Hyliion by 0.6% in the 3rd quarter. State Street Corp now owns 2,985,109 shares of the company’s stock worth $7,403,000 after acquiring an additional 16,707 shares in the last quarter. 22.81% of the stock is owned by hedge funds and other institutional investors.

Hyliion Price Performance

NYSE:HYLN opened at $1.65 on Tuesday. The stock has a market cap of $288.45 million, a PE ratio of -4.46 and a beta of 2.24. Hyliion Holdings Corp. has a fifty-two week low of $1.21 and a fifty-two week high of $4.10. The stock’s 50-day moving average is $1.97 and its two-hundred day moving average is $2.40.

Hyliion Profile