Ability Inc (NASDAQ:ABIL)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $1.85, but opened at $2.82. Ability shares last traded at $5.55, with a volume of 33413168 shares.
An institutional investor recently bought a new position in Ability stock. Jane Street Group LLC purchased a new position in shares of Ability Inc (NASDAQ:ABIL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 33,590 shares of the technology company’s stock, valued at approximately $239,000. Jane Street Group LLC owned 1.30% of Ability as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 3.86% of the company’s stock.
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Ability Inc, through its subsidiaries, provides interception, geolocation, and cyber intelligence products and solutions for security and intelligence agencies, military forces, law enforcement agencies, and homeland security agencies worldwide. It specializes in off-air interception of voice, SMS, and data communication from cellular and satellite communication networks; and deciphering solutions for cellular and satellite communications.
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