Hywin (NASDAQ:HYW) Shares Up 3.6%

Hywin Holdings Ltd. (NASDAQ:HYWGet Rating) shot up 3.6% during mid-day trading on Tuesday . The company traded as high as $6.35 and last traded at $6.02. 28,825 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 33,522 shares. The stock had previously closed at $5.81.

Hywin Stock Up 3.6 %

The stock’s fifty day simple moving average is $6.01 and its 200-day simple moving average is $6.32.

Institutional Investors Weigh In On Hywin

An institutional investor recently raised its position in Hywin stock. Renaissance Technologies LLC raised its holdings in shares of Hywin Holdings Ltd. (NASDAQ:HYWGet Rating) by 75.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,500 shares of the company’s stock after acquiring an additional 8,400 shares during the period. Renaissance Technologies LLC owned approximately 0.07% of Hywin worth $145,000 as of its most recent SEC filing. 1.07% of the stock is currently owned by institutional investors and hedge funds.

Hywin Company Profile

(Get Rating)

Hywin Holdings Ltd., together with its subsidiaries, engages in the provision of wealth management, asset management, health management, insurance brokerage, and other financial services in China. The company distributes private market investment products comprising asset-backed products, such as real estate securitization products, as well as equity investments in real estate projects or private project companies; venture capital, private equity, and hedge funds; and supply chain financing products, cash management products, and funds managed by its subsidiaries.

Read More

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