Triller Group (NASDAQ:ILLR) Shares Down 9.2% – What’s Next?

Triller Group Inc. (NASDAQ:ILLRGet Free Report)’s stock price fell 9.2% during mid-day trading on Friday . The company traded as low as $0.6142 and last traded at $0.6220. 861,721 shares traded hands during trading, an increase of 7% from the average session volume of 803,469 shares. The stock had previously closed at $0.6849.

Triller Group Stock Performance

The business has a 50-day simple moving average of $0.58 and a two-hundred day simple moving average of $0.66. The stock has a market cap of $101.29 million, a price-to-earnings ratio of -0.51 and a beta of -1.87.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ILLR. Belpointe Asset Management LLC acquired a new stake in Triller Group in the 1st quarter valued at $27,000. Virtu Financial LLC grew its holdings in shares of Triller Group by 267.9% in the 3rd quarter. Virtu Financial LLC now owns 45,741 shares of the company’s stock valued at $38,000 after acquiring an additional 33,308 shares in the last quarter. Invesco Ltd. acquired a new stake in shares of Triller Group in the second quarter valued at about $49,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Triller Group during the second quarter worth about $52,000. Finally, Bank of America Corp DE boosted its position in Triller Group by 645.3% during the second quarter. Bank of America Corp DE now owns 56,587 shares of the company’s stock valued at $53,000 after purchasing an additional 48,994 shares during the last quarter. Institutional investors and hedge funds own 0.04% of the company’s stock.

About Triller Group

(Get Free Report)

Triller Group (NASDAQ: ILLR) is a publicly traded entertainment and technology company known primarily for its ownership and operation of the Triller social video platform. Launched as a competitor to other short-form video services, Triller offers users tools for video creation, music integration and social sharing. The platform caters to a broad audience of content creators, influencers and music artists, enabling them to produce, edit and distribute short videos directly from mobile devices.

Beyond the core app, Triller Group has diversified into live events, digital media and sports content.

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