DPW (DPW) Stock Price Down 6.3%

DPW Holdings Inc (NYSEAMERICAN:DPW) shares dropped 6.3% on Thursday . The stock traded as low as $0.16 and last traded at $0.15. Approximately 8,927 shares changed hands during trading, a decline of 100% from the average daily volume of 2,364,159 shares. The stock had previously closed at $0.16.

A hedge fund recently bought a new stake in DPW stock. Deutsche Bank AG purchased a new stake in shares of DPW Holdings Inc (NYSEAMERICAN:DPW) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 266,800 shares of the technology company’s stock, valued at approximately $27,000. Deutsche Bank AG owned about 4.09% of DPW as of its most recent filing with the SEC.

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DPW Holdings, Inc designs, develops, manufactures, and sells power system solutions for the military/aerospace, medical and industrial-telecommunication industries in North America and Europe. The company offers custom power system solutions; high-grade flexibility series power supply products, such as power rectifiers; and value-added services for original equipment manufacturers.

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