Happiness Development Group Limited (NASDAQ:HAPP – Get Rating) shares fell 0.5% during trading on Thursday . The company traded as low as $2.74 and last traded at $2.84. 6,905 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 14,340 shares. The stock had previously closed at $2.86.
Happiness Development Group Stock Down 0.5 %
The business has a 50 day moving average price of $3.48 and a 200 day moving average price of $4.34. The stock has a market cap of $19.75 million, a PE ratio of 5.92 and a beta of 0.23.
Hedge Funds Weigh In On Happiness Development Group
An institutional investor recently raised its position in Happiness Development Group stock. Virtu Financial LLC grew its holdings in Happiness Development Group Limited (NASDAQ:HAPP – Get Rating) by 164.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208,473 shares of the company’s stock after purchasing an additional 129,693 shares during the quarter. Virtu Financial LLC owned about 0.65% of Happiness Development Group worth $61,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 15.22% of the company’s stock.
About Happiness Development Group
Happiness Development Group Limited engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids.
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