Virtu Financial LLC Has $154,000 Position in RLX Technology Inc. (NYSE:RLX)

Virtu Financial LLC lifted its stake in RLX Technology Inc. (NYSE:RLX) by 142.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 85,047 shares of the company’s stock after buying an additional 50,033 shares during the period. Virtu Financial LLC’s holdings in RLX Technology were worth $154,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Centiva Capital LP bought a new stake in shares of RLX Technology during the third quarter valued at approximately $29,000. Blue Trust Inc. boosted its stake in RLX Technology by 284.8% during the third quarter. Blue Trust Inc. now owns 35,428 shares of the company’s stock worth $65,000 after buying an additional 26,220 shares in the last quarter. Profund Advisors LLC bought a new stake in RLX Technology in the 2nd quarter valued at $72,000. Bank of New York Mellon Corp raised its stake in shares of RLX Technology by 36.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 39,615 shares of the company’s stock valued at $73,000 after buying an additional 10,596 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of RLX Technology during the 3rd quarter valued at about $108,000. Institutional investors and hedge funds own 22.68% of the company’s stock.

RLX Technology Stock Up 2.0 %

NYSE RLX opened at $2.00 on Thursday. RLX Technology Inc. has a twelve month low of $1.50 and a twelve month high of $2.19. The stock has a market cap of $3.14 billion, a P/E ratio of 50.01 and a beta of 1.03. The company’s 50-day simple moving average is $1.76 and its 200 day simple moving average is $1.76.

RLX Technology Announces Dividend

The business also recently announced an annual dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be issued a $0.01 dividend. The ex-dividend date is Friday, December 6th. This represents a dividend yield of 0.59%. RLX Technology’s payout ratio is presently 25.00%.

About RLX Technology

RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.