Inspira Technologies OXY B.H.N. Ltd. (NASDAQ:IINN – Get Free Report) shares dropped 9.7% during mid-day trading on Friday. The company traded as low as $1.3701 and last traded at $1.40. 5,109,308 shares changed hands during trading, an increase of 1,350% from the average session volume of 352,435 shares. The stock had previously closed at $1.55.
Inspira Technologies OXY B.H.N. Trading Down 0.7%
The company has a debt-to-equity ratio of 0.08, a current ratio of 1.56 and a quick ratio of 1.30. The firm’s fifty day simple moving average is $1.05 and its 200-day simple moving average is $1.10.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Inspira Technologies OXY B.H.N. stock. Yorkville Advisors Global LP boosted its stake in Inspira Technologies OXY B.H.N. Ltd. (NASDAQ:IINN – Free Report) by 10.9% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,977,724 shares of the company’s stock after buying an additional 193,880 shares during the quarter. Inspira Technologies OXY B.H.N. makes up about 0.5% of Yorkville Advisors Global LP’s holdings, making the stock its 18th biggest position. Yorkville Advisors Global LP owned about 5.50% of Inspira Technologies OXY B.H.N. worth $883,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 12.72% of the company’s stock.
About Inspira Technologies OXY B.H.N.
Inspira Technologies OXY B.H.N. Ltd. is a medical technology company developing respiratory-support systems intended to address acute respiratory failure and reduce the need for invasive mechanical ventilation. The company’s work focuses on technologies that support blood oxygenation and carbon dioxide removal for patients requiring critical-care respiratory assistance.
Its principal platform is the INSPIRA ART system, an extracorporeal respiratory-support technology designed to oxygenate blood outside the body and return it to the patient.
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