Stock Traders Buy High Volume of Call Options on HUYA (NYSE:HUYA)

HUYA Inc. (NYSE:HUYA) was the target of unusually large options trading activity on Monday. Investors purchased 4,130 call options on the stock. This represents an increase of approximately 733% compared to the typical daily volume of 496 call options.

HUYA Price Performance

Shares of HUYA stock traded up $0.10 during midday trading on Monday, hitting $4.53. The company had a trading volume of 1,909,784 shares, compared to its average volume of 1,429,865. The business’s 50 day simple moving average is $3.65 and its two-hundred day simple moving average is $3.68. The stock has a market cap of $1.02 billion, a PE ratio of -50.39 and a beta of 0.72. HUYA has a 1-year low of $2.82 and a 1-year high of $6.84.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of HUYA. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of HUYA by 146.6% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 455,293 shares of the company’s stock valued at $2,322,000 after acquiring an additional 270,701 shares during the period. Seldon Capital LP bought a new stake in shares of HUYA in the 3rd quarter worth about $51,000. FMR LLC grew its holdings in shares of HUYA by 236.8% in the 3rd quarter. FMR LLC now owns 2,391,957 shares of the company’s stock worth $12,199,000 after purchasing an additional 1,681,800 shares during the last quarter. Quantbot Technologies LP grew its holdings in shares of HUYA by 18.9% in the 3rd quarter. Quantbot Technologies LP now owns 23,224 shares of the company’s stock worth $118,000 after purchasing an additional 3,685 shares during the last quarter. Finally, Athos Capital Ltd grew its holdings in shares of HUYA by 9.5% in the 3rd quarter. Athos Capital Ltd now owns 127,346 shares of the company’s stock worth $649,000 after purchasing an additional 11,000 shares during the last quarter. 23.20% of the stock is owned by institutional investors.

About HUYA

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.