Shares of Naked Brand Group Limited (NASDAQ:NAKD) gapped up prior to trading on Tuesday . The stock had previously closed at $0.41, but opened at $0.45. Naked Brand Group shares last traded at $0.57, with a volume of 3,091,603 shares changing hands.
The firm’s fifty day moving average is $0.22 and its 200-day moving average is $0.26.
A hedge fund recently raised its stake in Naked Brand Group stock. Virtu Financial LLC boosted its position in Naked Brand Group Limited (NASDAQ:NAKD) by 202.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 532,994 shares of the company’s stock after buying an additional 357,035 shares during the period. Virtu Financial LLC owned approximately 0.23% of Naked Brand Group worth $59,000 at the end of the most recent quarter. 0.22% of the stock is owned by institutional investors.
Naked Brand Group Limited designs, distributes, wholesales, and retails women's and men's intimate apparel, and women's swimwear. The company offers its products under the Pleasure State, Davenport, Lovable, Bendon, Fayreform, Naked, VaVoom, Evollove, and Hickory brands, as well as through licenced brands, including Heidi Klum and Fredericks of Hollywood.
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