Futu Holdings Ltd (NASDAQ:FHL)’s stock price was up 2.2% during mid-day trading on Tuesday . The company traded as high as $10.57 and last traded at $10.57, approximately 230,402 shares traded hands during trading. An increase of 174% from the average daily volume of 84,167 shares. The stock had previously closed at $10.34.

The firm has a 50 day moving average price of $10.23 and a 200-day moving average price of $10.76.

A hedge fund recently raised its stake in Futu stock. Citadel Advisors LLC boosted its position in shares of Futu Holdings Ltd (NASDAQ:FHL) by 38.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,334 shares of the company’s stock after purchasing an additional 17,099 shares during the quarter. Citadel Advisors LLC owned approximately 0.06% of Futu worth $649,000 at the end of the most recent reporting period. Institutional investors own 2.48% of the company’s stock.

About Futu (NASDAQ:FHL)

Futu Holdings Limited operates digitized brokerage platform in Hong Kong, China, Japan, the United States, and internationally. Its platform offers investing services, including trade execution and margin financing which allows to trade securities, such as stocks, warrants, options and exchange-traded funds, or ETFs, across different markets; market data and information; and securities lending services.

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