Tantech (TANH) Sees Unusually-High Trading Volume

Shares of Tantech Holdings Ltd (NASDAQ:TANH) saw strong trading volume on Tuesday . 965,466 shares changed hands during mid-day trading, an increase of 289% from the previous session’s volume of 248,025 shares.The stock last traded at $1.68 and had previously closed at $1.60.

An institutional investor recently bought a new position in Tantech stock. Renaissance Technologies LLC acquired a new position in Tantech Holdings Ltd (NASDAQ:TANH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 675,100 shares of the basic materials company’s stock, valued at approximately $1,890,000. Renaissance Technologies LLC owned about 2.35% of Tantech at the end of the most recent reporting period. 2.29% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: This report was posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this report on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this report can be viewed at https://www.thelincolnianonline.com/2019/02/22/tantech-tanh-sees-unusually-high-trading-volume.html.

Tantech Company Profile (NASDAQ:TANH)

Tantech Holdings Ltd. develops and manufactures bamboo-based charcoal products in the People's Republic of China and internationally. The company operates through three segments: Consumer Products, Trading, and Electric Vehicle. It produces pressed and formed charcoal briquettes for use in grills, incense burners, and other applications under the Algold brand.

Read More: Quiet Period Expirations Explained

Receive News & Ratings for Tantech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tantech and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply