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Regencell Bioscience (NASDAQ:RGC) Shares Down 5% - Here's What Happened

Regencell Bioscience logo with Manufacturing background

Regencell Bioscience Holdings Limited (NASDAQ:RGC - Get Free Report) shares dropped 5% during mid-day trading on Thursday . The stock traded as low as $14.33 and last traded at $14.53. Approximately 696,839 shares were traded during mid-day 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 Trading Down 0.7%

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Regencell Bioscience stock. Greenfield Savings Bank bought a new stake in Regencell Bioscience Holdings Limited (NASDAQ:RGC - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 11,000 shares of the company's stock, valued at approximately $187,000. 0.13% of the stock is currently owned by institutional investors and hedge funds.

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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