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Genenta Science (NASDAQ:GNTA) Trading Down 1.3% - Here's What Happened

Genenta Science logo with Medical background

Genenta Science S.p.A. Unsponsored ADR (NASDAQ:GNTA - Get Free Report) shares fell 1.3% during mid-day trading on Thursday . The company traded as low as $3.84 and last traded at $3.90. 3,226 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 16,827 shares. The stock had previously closed at $3.95.

Genenta Science Stock Up 1.5%

The business's fifty day simple moving average is $3.97 and its two-hundred day simple moving average is $4.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GNTA. Allianz SE bought a new stake in shares of Genenta Science in the 4th quarter worth approximately $444,000. Citadel Advisors LLC bought a new position in Genenta Science in the fourth quarter worth $46,000. Finally, Algebris UK Ltd lifted its position in Genenta Science by 122.2% in the first quarter. Algebris UK Ltd now owns 100,000 shares of the company's stock worth $368,000 after purchasing an additional 55,000 shares during the period. Institutional investors own 15.13% of the company's stock.

About Genenta Science

(Get Free Report)

Genenta Science S.p.A., a clinical-stage biotechnology company, engages in the development of hematopoietic stem cell gene therapies for the treatment of solid tumors in Italy. Its lead product candidate is Temferon, which is in Phase 1/2a clinical trials for use in the treatment of glioblastoma multiforme in patients with unmethylated MGMT gene promoter.

Further Reading

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