PetVivo Holdings, Inc. (NASDAQ:PETVW – Get Rating)'s share price dropped 45.2% during mid-day trading on Thursday . The stock traded as low as $0.21 and last traded at $0.26. Approximately 10,698 shares changed hands during trading, an increase of 24% from the average daily volume of 8,618 shares. The stock had previously closed at $0.48.
PetVivo Trading Down 45.2 %
The company's fifty day simple moving average is $0.46 and its two-hundred day simple moving average is $0.38.
Institutional Inflows and Outflows
An institutional investor recently raised its position in PetVivo stock. Warberg Asset Management LLC increased its holdings in PetVivo Holdings, Inc. (NASDAQ:PETVW – Get Rating) by 103.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,331 shares of the company's stock after purchasing an additional 62,823 shares during the quarter. Warberg Asset Management LLC's holdings in PetVivo were worth $41,000 at the end of the most recent quarter.
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