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.
Institutional Ownership:
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.
Analysts Ratings:
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.