SAFE T GRP LTD/S (SFET) Sees Strong Trading Volume

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SAFE T GRP LTD/S (NASDAQ:SFET) shares saw strong trading volume on Thursday . 4,576,357 shares were traded during mid-day trading, an increase of 2,284% from the previous session’s volume of 191,933 shares.The stock last traded at $2.43 and had previously closed at $2.26.

An institutional investor recently bought a new position in SAFE T GRP LTD/S stock. Jane Street Group LLC bought a new position in SAFE T GRP LTD/S (NASDAQ:SFET) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,480 shares of the company’s stock, valued at approximately $166,000. Jane Street Group LLC owned about 3.47% of SAFE T GRP LTD/S as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 11.57% of the company’s stock.

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SAFE T GRP LTD/S Company Profile (NASDAQ:SFET)

Safe-T Group Ltd provides security solutions in Israel, North America, the Asia-Pacific, Africa, Europe, and internationally. The company offers on-demand software defined perimeter solutions, which protect access to data and services by separating the access layer from the authentication layer, as well as by segregating internal networks and granting access only to authorized users; and software-defined access solutions that controls and secures data exchange, as well as prevents data exfiltration, leakage, malware, ransomware, and fraud.

Further Reading: Cost of equity and a company’s balance sheet

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