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ZIVO Bioscience (NASDAQ:ZIVOW) Shares Down 12.5%

Defense World ·  Apr 29, 2023 03:23

Shares of ZIVO Bioscience, Inc. (NASDAQ:ZIVOW – Get Rating) fell 12.5% during trading on Friday . The stock traded as low as $0.60 and last traded at $0.63. 2,500 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 4,339 shares. The stock had previously closed at $0.72.

ZIVO Bioscience Price Performance

The company has a 50 day moving average of $0.75 and a 200 day moving average of $0.74.

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Institutional Investors Weigh In On ZIVO Bioscience

An institutional investor recently raised its position in ZIVO Bioscience stock. Warberg Asset Management LLC grew its holdings in ZIVO Bioscience, Inc. (NASDAQ:ZIVOW – Get Rating) by 442.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,654 shares of the company's stock after acquiring an additional 69,034 shares during the quarter. Warberg Asset Management LLC's holdings in ZIVO Bioscience were worth $51,000 at the end of the most recent reporting period.

ZIVO Bioscience Company Profile

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ZIVO Bioscience, Inc is a Michigan-based biotech/agtech company dedicated to harnessing the immune health and nutritional benefits of bioactive compounds derived from its proprietary algal cultures. The development pipeline includes natural products for use as dietary supplements and functional food ingredients, as well as innovative, biologically derived and synthesized candidates designed to deliver medicinal and pharmaceutical benefits for humans and animals, with a specific focus on modulating the immune and inflammatory response.

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