Uncovering Institutional Buying In Naked Brand Group Limited (NASDAQ: NAKD)

DE Stock
DE Stock

HRT Financial LLC recently announced the acquisition of new stake in Naked Brand Group Limited (NASDAQ:NAKD). The institutional investor has increased its shareholding in the Consumer Cyclical company by 583.33% to 0.2 million shares with purchase of 0.17 million shares. This fresh investment now brings its stake to 1.12% valued currently at $91768.0. In addition, Virtu Financial BD LLC raised its holdings by 0.18 million to 0.18 million shares. And Citadel Advisors LLC has lifted its position by 285.24% or 59965.0 shares – to 80988.0 shares.

With over 4.13 million Naked Brand Group Limited (NAKD) shares trading Friday and a closing price of $0.27 on the day, the dollar volume was approximately $1.11 million. The shares have shown a negative weekly performance of -11.91% and its price on 08/28/20 gained nearly 0.93%. Currently, there are 41.63M common shares owned by the public and among those 7.12M shares have been available to trade.

Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

Shares of Naked Brand Group Limited (NASDAQ: NAKD) opened at $0.2607, down -$0.01 from a prior closing price of $0.27. However, the script later closed the day at $0.27, up 0.93%. The company’s stock has a 5-day price change of -11.91% and -52.47% over the past three months. NAKD shares are trading -82.69% year to date (YTD), with the 12-month market performance down to -94.35% lower. It has a 12-month low price of $0.24 and touched a high of $6.96 over the same period. Currently, 4.13 million shares have been traded, compared to an average intraday trading volume of 10.13 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -22.43%, -47.27%, and -74.20% respectively.

Institutional ownership of Naked Brand Group Limited (NASDAQ: NAKD) shares accounts for 1.70% of the company’s 41.63M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.

It has a market capitalization of $11.60M. The earnings-per-share (ttm) stands at -$45.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.11% over the week and 11.18% over the month.


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