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Regencell Bioscience (NASDAQ:RGC) Trading Down 5% - What's Next?

Regencell Bioscience logo with Manufacturing background

Regencell Bioscience Holdings Limited (NASDAQ:RGC - Get Free Report) was down 5% during trading on Thursday . The company traded as low as $14.33 and last traded at $14.53. Approximately 696,839 shares changed hands during trading, a decline of 95% from the average daily volume of 13,242,744 shares. The stock had previously closed at $15.29.

Regencell Bioscience Stock Down 2.8%

Hedge Funds 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 13F filing with the Securities & Exchange Commission. The fund acquired 11,000 shares of the company's stock, valued at approximately $187,000. 0.13% of the stock is currently owned by institutional investors.

About Regencell Bioscience

(Get Free Report)

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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