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Regencell Bioscience (NASDAQ:RGC) Stock Price Down 7.8% - Here's Why

Regencell Bioscience logo with Manufacturing background

Shares of Regencell Bioscience Holdings Limited (NASDAQ:RGC - Get Free Report) fell 7.8% on Wednesday . The company traded as low as $17.33 and last traded at $17.80. 535,201 shares were traded during mid-day trading, a decline of 96% from the average session volume of 13,805,603 shares. The stock had previously closed at $19.31.

Regencell Bioscience Stock Performance

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Regencell Bioscience stock. Greenfield Savings Bank acquired a new position in shares of Regencell Bioscience Holdings Limited (NASDAQ:RGC - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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.

Regencell Bioscience Company Profile

(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.

Further Reading

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