Ability (ABIL) Sets New 1-Year Low at $1.28

Ability Inc (NASDAQ:ABIL) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $1.28 and last traded at $1.57, with a volume of 36 shares. The stock had previously closed at $1.59.

An institutional investor recently raised its position in Ability stock. Virtu Financial LLC boosted its stake in shares of Ability Inc (NASDAQ:ABIL) by 154.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,716 shares of the technology company’s stock after purchasing an additional 18,666 shares during the quarter. Virtu Financial LLC owned approximately 0.93% of Ability worth $58,000 at the end of the most recent reporting period. 12.80% of the stock is owned by institutional investors and hedge funds.

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Ability Company Profile (NASDAQ:ABIL)

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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