Nutriband Inc. (NASDAQ:NTRBW – Get Rating) shares traded down 20.4% during trading on Friday . The company traded as low as $2.40 and last traded at $2.50. 19,128 shares were traded during trading, an increase of 110% from the average session volume of 9,101 shares. The stock had previously closed at $3.14.

Nutriband Trading Down 20.4 %

The stock's 50-day simple moving average is $3.13 and its 200 day simple moving average is $4.02.

Hedge Funds Weigh In On Nutriband

A hedge fund recently raised its stake in Nutriband stock. UBS Group AG lifted its stake in shares of Nutriband Inc. (NASDAQ:NTRBW – Get Rating) by 394.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,980 shares of the company's stock after purchasing an additional 4,770 shares during the quarter. UBS Group AG's holdings in Nutriband were worth $34,000 at the end of the most recent reporting period.

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