Y Intercept Hong Kong Ltd Acquires New Stake in Tuya Inc. (NYSE:TUYA)

Y Intercept Hong Kong Ltd acquired a new position in shares of Tuya Inc. (NYSE:TUYA) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 467,942 shares of the company’s stock, valued at approximately $772,000.

Other large investors also recently bought and sold shares of the company. XTX Topco Ltd acquired a new position in shares of Tuya during the 2nd quarter worth $27,000. Centiva Capital LP acquired a new position in Tuya during the third quarter worth about $63,000. Paloma Partners Management Co purchased a new position in Tuya in the third quarter valued at about $73,000. Quadrature Capital Ltd acquired a new stake in shares of Tuya during the 3rd quarter valued at approximately $92,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Tuya during the 3rd quarter worth approximately $116,000. Hedge funds and other institutional investors own 11.47% of the company’s stock.

Tuya Price Performance

TUYA opened at $1.81 on Friday. The stock’s 50 day simple moving average is $1.64 and its 200 day simple moving average is $1.63. The stock has a market cap of $912.94 million, a P/E ratio of -60.33 and a beta of 0.45. Tuya Inc. has a 1-year low of $1.28 and a 1-year high of $2.32.

Tuya Company Profile

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.