The Vanguard Group, Inc. recently announced the acquisition of new stake in Guardion Health Sciences Inc. (NASDAQ:GHSI). The institutional investor has increased its shareholding in the Healthcare company by 25.80% to 0.69 million shares with purchase of 0.14 million shares. This fresh investment now brings its stake to 0.80% valued currently at $0.29 million. In addition, G1 Execution Services LLC raised its holdings by 0.17 million to 0.18 million shares. And Virtu Financial BD LLC has lifted its position by 29.07% or 40684.0 shares – to 0.18 million shares.
With over 2.33 million Guardion Health Sciences Inc. (GHSI) shares trading Monday and a closing price of $0.31 on the day, the dollar volume was approximately $0.72 million. The shares have shown a negative weekly performance of -5.74% and its price on 08/31/20 gained nearly 3.02%. Currently, there are 86.57M common shares owned by the public and among those 81.77M 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.
The top 3 mutual fund holders in Guardion Health Sciences Inc. are Vanguard Total Stock Market Index, Vanguard Extended Market Index Fu, and Fidelity Extended Market Index Fu. Vanguard Total Stock Market Index owns 1.13 million shares of the company’s stock, all valued at over $0.48 million. The company bought an additional 1.13 million shares recently to bring their total holdings to about 1.32% of the shares outstanding. Fidelity Extended Market Index Fu now owns shares totaling to 0.32% of the shares outstanding.
Shares of Guardion Health Sciences Inc. (NASDAQ: GHSI) opened at $0.30, unchanged from a prior closing price of $0.30. However, the script later closed the day at $0.31, up 3.02%. The company’s stock has a 5-day price change of -5.74% and -39.35% over the past three months. GHSI shares are trading 42.48% year to date (YTD), with the 12-month market performance up to 23.63% higher. It has a 12-month low price of $0.17 and touched a high of $0.95 over the same period. Currently, 2.33 million shares have been traded, compared to an average intraday trading volume of 5.64 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 -14.22%, -23.41%, and -16.08% respectively.
Institutional ownership of Guardion Health Sciences Inc. (NASDAQ: GHSI) shares accounts for 2.20% of the company’s 86.57M shares outstanding. Mutual fund holders own 2.48%, while other institutional holders and individual stakeholders account for 3.51% and -0.17% respectively.
It has a market capitalization of $30.46M. The earnings-per-share (ttm) stands at -$0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.18% over the week and 9.26% over the month.