Hanryu Holdings Inc (NASDAQ: HRYU) stock jumped 1.65% on Monday to $0.51 against a previous-day closing price of $0.50. With 0.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.24 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $0.5475 whereas the lowest price it dropped to was $0.4981. The 52-week range on HRYU shows that it touched its highest point at $9.50 and its lowest point at $0.47 during that stretch.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HRYU was down-trending over the past week, with a drop of -47.81%, but this was down by -86.13% over a month.
Float and Shares Shorts:
At present, 52.81 million HRYU shares are outstanding with a float of 35.08 million shares on hand for trading. On Oct 30, 2023, short shares totaled 37830.0, which was 0.07% higher than short shares on Sep 28, 2023. In addition to Mr. Chang-Hyuk Kang as the firm’s CEO & Director, Mr. Ju-Hyon Shin serves as its Chief Financial Officer.
Other institutions hold 0.02% of HRYU, in contrast to 0.00% held by mutual funds. As the largest shareholder in HRYU with 0.02% of the stake, Walleye Capital LLC holds 11,604 shares worth 11,604. A second-largest stockholder of HRYU, UBS Securities LLC, holds 72 shares, controlling over 0.00% of the firm’s shares. With a 0.02% stake in HRYU, the Fidelity Nasdaq Composite Index F is the largest stakeholder. A total of 9,536 shares are owned by the mutual fund manager.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HRYU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.