Anson Funds Management LP Has $325,000 Holdings in Stronghold Digital Mining, Inc. (NASDAQ:SDIG)

Anson Funds Management LP decreased its holdings in shares of Stronghold Digital Mining, Inc. (NASDAQ:SDIG) by 81.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,876 shares of the company’s stock after selling 395,480 shares during the period. Anson Funds Management LP owned 0.54% of Stronghold Digital Mining worth $325,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Soltis Investment Advisors LLC bought a new stake in shares of Stronghold Digital Mining during the fourth quarter valued at approximately $72,000. Northern Trust Corp increased its position in shares of Stronghold Digital Mining by 16.9% during the fourth quarter. Northern Trust Corp now owns 28,571 shares of the company’s stock valued at $100,000 after acquiring an additional 4,120 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Stronghold Digital Mining in the 4th quarter worth about $167,000. Invesco Ltd. grew its position in shares of Stronghold Digital Mining by 32.9% during the 4th quarter. Invesco Ltd. now owns 78,524 shares of the company’s stock valued at $275,000 after acquiring an additional 19,427 shares during the period. Finally, State Street Corp increased its position in Stronghold Digital Mining by 122.3% in the third quarter. State Street Corp now owns 57,630 shares of the company’s stock worth $291,000 after buying an additional 31,700 shares during the last quarter. 19.33% of the stock is currently owned by institutional investors.

Stronghold Digital Mining Price Performance

NASDAQ SDIG opened at $2.81 on Friday. The company has a market cap of $48.45 million, a PE ratio of -0.76 and a beta of 3.00. The company has a quick ratio of 0.21, a current ratio of 0.27 and a debt-to-equity ratio of 1.73. The firm’s 50-day simple moving average is $2.82 and its two-hundred day simple moving average is $3.80. Stronghold Digital Mining, Inc. has a 52 week low of $1.84 and a 52 week high of $6.70.

Stronghold Digital Mining Profile

Stronghold Digital Mining, Inc, a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services.