Swiss National Bank Boosts Stake in Applied Optoelectronics

Swiss National Bank has significantly increased its stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) to $10.85 million during the first quarter.

The bank boosted its holdings by 9.8% through the acquisition of an additional 11,500 shares, bringing its total ownership to 128,300 shares, representing a 0.16% stake in the semiconductor company's stock.

This move is part of the broader trend of institutional investors and hedge funds increasing their stakes in Applied Optoelectronics.