Nvni Group Limited (NASDAQ:NVNI - Get Free Report) was down 2.3% during mid-day trading on Monday . The company traded as low as $0.60 and last traded at $0.61. Approximately 2,777,493 shares were traded during trading, a decline of 84% from the average daily volume of 16,936,318 shares. The stock had previously closed at $0.62.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Nvni Group to a "hold" rating in a research report on Saturday, August 2nd.
View Our Latest Research Report on Nvni Group
Nvni Group Trading Up 5.1%
The company's 50 day moving average is $0.47 and its 200-day moving average is $0.58.
Institutional Investors Weigh In On Nvni Group
A number of institutional investors have recently modified their holdings of NVNI. Anson Funds Management LP acquired a new stake in shares of Nvni Group in the 4th quarter valued at about $1,288,000. Drive Wealth Management LLC acquired a new stake in shares of Nvni Group in the 1st quarter valued at about $90,000. Jane Street Group LLC acquired a new stake in shares of Nvni Group in the 2nd quarter valued at about $40,000. Soltis Investment Advisors LLC raised its stake in shares of Nvni Group by 49.3% in the 2nd quarter. Soltis Investment Advisors LLC now owns 173,665 shares of the company's stock valued at $51,000 after purchasing an additional 57,332 shares in the last quarter. Finally, Two Sigma Securities LLC acquired a new stake in shares of Nvni Group in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 0.49% of the company's stock.
About Nvni Group
(
Get Free Report)
Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.
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