Shares of Innoviz Technologies Ltd. (NASDAQ:INVZW – Get Rating) were up 33.3% on Friday . The company traded as high as $1.44 and last traded at $1.44. Approximately 122,739 shares were traded during mid-day trading, an increase of 708% from the average daily volume of 15,194 shares. The stock had previously closed at $1.08.
Innoviz Technologies Stock Up 33.3 %
The firm's fifty day moving average is $1.24 and its 200 day moving average is $1.61.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Innoviz Technologies stock. Antara Capital LP increased its stake in shares of Innoviz Technologies Ltd. (NASDAQ:INVZW – Get Rating) by 11.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,029,169 shares of the company's stock after acquiring an additional 717,100 shares during the period. Innoviz Technologies comprises approximately 0.3% of Antara Capital LP's investment portfolio, making the stock its 23rd largest holding. Antara Capital LP's holdings in Innoviz Technologies were worth $10,192,000 as of its most recent SEC filing.
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