Investors Purchase High Volume of Call Options on HUYA (NYSE:HUYA)

HUYA Inc. (NYSE:HUYA) was the recipient of some unusual options trading on Monday. Traders purchased 4,130 call options on the stock. This is an increase of 733% compared to the typical daily volume of 496 call options.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HUYA. WCM Investment Management LLC increased its position in shares of HUYA by 4,396.5% during the fourth quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company’s stock valued at $8,505,000 after buying an additional 2,790,696 shares during the period. FMR LLC boosted its position in HUYA by 236.8% during the 3rd quarter. FMR LLC now owns 2,391,957 shares of the company’s stock valued at $12,199,000 after acquiring an additional 1,681,800 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of HUYA by 19.7% during the 4th quarter. Bank of America Corp DE now owns 995,747 shares of the company’s stock worth $3,057,000 after acquiring an additional 164,112 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of HUYA by 66.5% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 758,281 shares of the company’s stock worth $2,328,000 after acquiring an additional 302,988 shares during the period. Finally, Monolith Management Ltd bought a new position in shares of HUYA in the 4th quarter worth approximately $2,144,000. 23.20% of the stock is currently owned by institutional investors.

HUYA Stock Up 2.6 %

Shares of HUYA stock opened at $4.55 on Tuesday. The business has a 50 day moving average of $3.68 and a 200 day moving average of $3.69. HUYA has a 52 week low of $2.82 and a 52 week high of $6.84. The company has a market cap of $1.03 billion, a PE ratio of -50.50 and a beta of 0.72.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.