Forza X1 (NASDAQ:FRZA) Shares Up 0.9%

Forza X1, Inc. (NASDAQ:FRZA – Get Rating)’s share price shot up 0.9% on Thursday . The company traded as high as $1.20 and last traded at $1.18. 13,099 shares traded hands during trading, a decline of 80% from the average session volume of 65,016 shares. The stock had previously closed at $1.17.

Forza X1 Stock Performance

The stock’s fifty day moving average price is $1.47 and its two-hundred day moving average price is $1.80.

Hedge Funds Weigh In On Forza X1

A hedge fund recently bought a new stake in Forza X1 stock. Jane Street Group LLC bought a new stake in shares of Forza X1, Inc. (NASDAQ:FRZA – Get Rating) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 34,743 shares of the company’s stock, valued at approximately $67,000. Jane Street Group LLC owned approximately 0.50% of Forza X1 as of its most recent filing with the Securities and Exchange Commission (SEC). 1.49% of the stock is owned by institutional investors.

About Forza X1

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