Micromobility.com Stock to Reverse Split on Monday, December 4th (NASDAQ:MCOM)

Micromobility.com Inc. (NASDAQ:MCOM)’s stock is scheduled to reverse split on Monday, December 4th. The 1-150 reverse split was announced on Monday, December 4th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, December 4th.

Micromobility.com Stock Performance

Shares of Micromobility.com stock opened at $0.02 on Friday. The company’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $0.17. Micromobility.com has a 1 year low of $0.02 and a 1 year high of $27.70.

Institutional Investors Weigh In On Micromobility.com

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Micromobility.com in the first quarter worth $78,000. Jane Street Group LLC acquired a new stake in shares of Micromobility.com in the first quarter worth $97,000. Finally, Geode Capital Management LLC acquired a new stake in shares of Micromobility.com in the first quarter worth $169,000. Institutional investors and hedge funds own 6.24% of the company’s stock.

About Micromobility.com

Micromobility.com Inc, an intra-urban transportation company, provides micro-mobility services in Italy and the United States. The company operates through Mobility, Media, and All Other segments. It offers e-scooters, e- bicycles, and e-mopeds. The company provides a sharing economy that allows users to rent electric vehicles directly from the Helbiz mobile application.