Regencell Bioscience Holdings Limited (NASDAQ:RGC - Get Free Report)'s share price rose 24.2% on Wednesday . The company traded as high as $18.41 and last traded at $16.98. Approximately 1,755,281 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 12,884,282 shares. The stock had previously closed at $13.67.
Regencell Bioscience Stock Down 2.8%
Institutional Investors Weigh In On Regencell Bioscience
A hedge fund recently bought a new stake in Regencell Bioscience stock. Greenfield Savings Bank acquired a new position in shares of Regencell Bioscience Holdings Limited (NASDAQ:RGC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,000 shares of the company's stock, valued at approximately $187,000. Hedge funds and other institutional investors own 0.13% of the company's stock.
About Regencell Bioscience
(
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Regencell Bioscience Holdings Limited operates a Traditional Chinese medicine (TCM) bioscience company. It focuses on the research, development, and commercialization of TCM for the treatment of neurocognitive disorders and degeneration, primarily attention deficit hyperactivity disorder and autism spectrum disorder.
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