Rekor Systems, Inc. is experiencing a notable increase in its stock price, which may be attributed to recent institutional interest. State Street Corp has increased its position in Rekor Systems by 14.7% during the third quarter, as revealed in their latest 13F filing with the SEC. This move has brought their total holdings to 1,514,044 shares, representing 1.71% of the company. The increased stake by such a significant institutional investor could be boosting investor confidence in the stock. Additionally, other institutional investors have also been adjusting their positions, with BNP Paribas Financial Markets raising its holdings by 38.3% in the same period.
Rekor Systems, Inc. is currently trading at $1.76, reflecting a 12.82% increase from its previous close of $1.56. The stock has seen significant volatility, with a high of $2.05 and a low of $1.42 today.