Shares of Nutriband Inc. (NASDAQ:NTRBW – Get Rating) rose 1% on Thursday . The stock traded as high as $2.10 and last traded at $2.07. Approximately 1,501 shares changed hands during trading, a decline of 32% from the average daily volume of 2,200 shares. The stock had previously closed at $2.05.

Nutriband Price Performance

The stock has a 50-day moving average of $2.82 and a two-hundred day moving average of $3.19.

Hedge Funds Weigh In On Nutriband

An institutional investor recently raised its position in Nutriband stock. UBS Group AG boosted its holdings in shares of Nutriband Inc. (NASDAQ:NTRBW – Get Rating) by 394.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,980 shares of the company's stock after acquiring 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 quarter.

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