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SS Innovations International (NASDAQ:SSII) Shares Gap Up - Here's Why

SS Innovations International logo with Business Services background

Key Points

  • SS Innovations International saw its shares gap up from a closing price of $6.50 to an opening price of $6.67 before settling at $6.48, indicating slight volatility in early trading.
  • Institutional investors have recently taken positions in SS Innovations International, with notable purchases from Forum Financial Management, Geode Capital Management, and AlTi Global, totaling over $500,000.
  • SS Innovations International, formerly known as AVRA Surgical Microsystems, is engaged in developing medical surgical devices and has a research agreement with the University of Central Florida for advancing medical robotics technologies.
  • Interested in SS Innovations International? Here are five stocks we like better.

SS Innovations International, Inc. (NASDAQ:SSII - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $6.50, but opened at $6.67. SS Innovations International shares last traded at $6.48, with a volume of 708 shares traded.

SS Innovations International Stock Up 0.9%

The company's 50 day simple moving average is $6.04.

Hedge Funds Weigh In On SS Innovations International

Several large investors have recently modified their holdings of SSII. Forum Financial Management LP bought a new position in SS Innovations International in the 2nd quarter worth approximately $344,000. Geode Capital Management LLC bought a new stake in SS Innovations International during the 2nd quarter valued at $122,000. Finally, AlTi Global Inc. purchased a new stake in shares of SS Innovations International during the second quarter worth $121,000.

SS Innovations International Company Profile

(Get Free Report)

AVRA Medical Robotics, Inc develops and manufactures medical surgical devices. The company has a research agreement with the University of Central Florida to develop navigation and control technologies with applications in medical robotics. The company was formerly known as AVRA Surgical Microsystems, Inc and changed its name to AVRA Medical Robotics, Inc in November 2015.

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