New Era Helium (NASDAQ:NEHC) Trading Up 21.4% – Still a Buy?

New Era Helium Inc. (NASDAQ:NEHCGet Free Report)’s stock price traded up 21.4% during trading on Friday . The stock traded as high as $1.70 and last traded at $1.70. 83,239 shares changed hands during trading, a decline of 92% from the average session volume of 1,002,313 shares. The stock had previously closed at $1.40.

New Era Helium Trading Up 21.4 %

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in New Era Helium stock. Shay Capital LLC purchased a new position in shares of New Era Helium Inc. (NASDAQ:NEHCFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 111,640 shares of the company’s stock, valued at approximately $670,000. Shay Capital LLC owned about 0.17% of New Era Helium at the end of the most recent reporting period. Hedge funds and other institutional investors own 21.90% of the company’s stock.

New Era Helium Company Profile

(Get Free Report)

NEW ERA HELIUM INC. is a helium exploration and production company. NEW ERA HELIUM INC. is headquartered in Calgary, Alberta, Canada.

Further Reading

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