Ault Alliance (NYSEAMERICAN:AULT) Trading 5.1% Higher – Time to Buy?

Shares of Ault Alliance, Inc. (NYSEAMERICAN:AULT) rose 5.1% on Thursday . The company traded as high as $0.22 and last traded at $0.21. Approximately 972,300 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 4,000,496 shares. The stock had previously closed at $0.20.

Ault Alliance Stock Performance

The company has a current ratio of 0.23, a quick ratio of 0.19 and a debt-to-equity ratio of 0.99.

Hedge Funds Weigh In On Ault Alliance

An institutional investor recently bought a new position in Ault Alliance stock. Virtu Financial LLC purchased a new stake in Ault Alliance, Inc. (NYSEAMERICAN:AULT) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 86,642 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned 0.29% of Ault Alliance at the end of the most recent reporting period. Hedge funds and other institutional investors own 41.05% of the company’s stock.

About Ault Alliance

Ault Alliance, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.