Zhihu Inc. Sponsored ADR (NYSE:ZH - Get Free Report) traded down 0.3% during trading on Wednesday . The company traded as low as $4.57 and last traded at $4.67. 279,620 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 449,675 shares. The stock had previously closed at $4.69.
Zhihu Stock Up 4.0%
The business has a 50 day moving average price of $4.06 and a 200 day moving average price of $4.12.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Wolverine Trading LLC bought a new position in shares of Zhihu during the fourth quarter valued at $38,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Zhihu during the first quarter valued at $55,000. Russell Investments Group Ltd. bought a new position in shares of Zhihu during the fourth quarter valued at $67,000. New York State Common Retirement Fund lifted its holdings in shares of Zhihu by 64.7% during the first quarter. New York State Common Retirement Fund now owns 52,144 shares of the company's stock valued at $223,000 after purchasing an additional 20,478 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Zhihu by 55.1% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 81,433 shares of the company's stock valued at $288,000 after purchasing an additional 28,943 shares in the last quarter. 28.92% of the stock is owned by institutional investors.
About Zhihu
(
Get Free Report)
Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.
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