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HUHUTECH International Group (NASDAQ:HUHU) Trading Down 15.7% - Here's Why

HUHUTECH International Group logo with Industrials background

HUHUTECH International Group Inc. (NASDAQ:HUHU - Get Free Report) shares were down 15.7% during mid-day trading on Friday . The stock traded as low as $5.03 and last traded at $5.97. Approximately 174,182 shares were traded during trading, an increase of 81% from the average daily volume of 96,313 shares. The stock had previously closed at $7.08.

HUHUTECH International Group Stock Performance

The firm has a 50 day moving average of $5.70 and a 200-day moving average of $4.82.

Hedge Funds Weigh In On HUHUTECH International Group

A hedge fund recently bought a new stake in HUHUTECH International Group stock. Citadel Advisors LLC purchased a new stake in shares of HUHUTECH International Group Inc. (NASDAQ:HUHU - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 78,839 shares of the company's stock, valued at approximately $374,000. Citadel Advisors LLC owned 0.37% of HUHUTECH International Group as of its most recent SEC filing.

About HUHUTECH International Group

(Get Free Report)

HUHUTECH International Group, Inc designs and provides customized high-purity gas and chemical production system and equipment. The company was founded by Yu Jun Xiao on July 8, 2021 and is headquartered in Wuxi City, China.

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