InspireMD (NSPR) Shares Gap Down to $0.19

InspireMD Inc (NYSEAMERICAN:NSPR) shares gapped down prior to trading on Monday . The stock had previously closed at $0.21, but opened at $0.19. InspireMD shares last traded at $0.17, with a volume of 2938318 shares traded.

A hedge fund recently raised its stake in InspireMD stock. Virtu Financial LLC raised its holdings in InspireMD Inc (NYSEAMERICAN:NSPR) by 1,305.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 291,021 shares of the medical equipment provider’s stock after acquiring an additional 270,318 shares during the period. Virtu Financial LLC owned about 0.77% of InspireMD worth $46,000 at the end of the most recent quarter.

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InspireMD, Inc, a medical device company, focuses on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of coronary and vascular diseases. The company offers CGuard carotid embolic prevention systems for use in carotid artery applications; and MGuard prime embolic protection systems for use in patients with acute coronary syndromes, notably acute myocardial infarction, and saphenous vein graft coronary interventions.

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