Hempacco Co., Inc. (NASDAQ:HPCO – Get Rating)’s share price was up 2.8% during mid-day trading on Thursday . The company traded as high as $1.53 and last traded at $1.48. Approximately 42,678 shares changed hands during trading, a decline of 70% from the average daily volume of 140,002 shares. The stock had previously closed at $1.44.
Hempacco Trading Up 2.8 %
The company has a 50-day moving average price of $1.71.
Institutional Investors Weigh In On Hempacco
A hedge fund recently bought a new stake in Hempacco stock. Jane Street Group LLC bought a new position in shares of Hempacco Co., Inc. (NASDAQ:HPCO – Get Rating) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 43,920 shares of the company’s stock, valued at approximately $99,000. Jane Street Group LLC owned approximately 0.19% of Hempacco as of its most recent SEC filing.
Hempacco Co, Inc manufactures and sells smokable hemp and herb products in California. It offers The Real Stuff hemp smokables. The company was formerly known as The Hempacco Co, Inc and changed its name to Hempacco Co, Inc in May 2021. The company was incorporated in 2019 and is headquartered in San Diego, California.
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