374Water (NASDAQ:SCWO) Sees Large Volume Increase

Shares of 374Water, Inc. (NASDAQ:SCWO – Get Rating) saw unusually-high trading volume on Friday . Approximately 122,395 shares traded hands during trading, an increase of 54% from the previous session’s volume of 79,416 shares.The stock last traded at $3.95 and had previously closed at $3.95.

374Water Stock Performance

The stock’s 50-day moving average is $3.24 and its 200-day moving average is $3.19.

Hedge Funds Weigh In On 374Water

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. bought a new position in 374Water during the third quarter worth $5,060,000. Captrust Financial Advisors bought a new stake in 374Water in the 2nd quarter valued at $1,613,000. McIlrath & Eck LLC bought a new stake in 374Water in the 3rd quarter valued at $979,000. Trinity Legacy Partners LLC bought a new stake in 374Water in the 4th quarter valued at $582,000. Finally, TFO TDC LLC bought a new stake in 374Water in the 3rd quarter valued at $364,000. Institutional investors own 4.98% of the company’s stock.

374Water Company Profile

(Get Rating)

374Water, Inc is a clean technology company. It offers supercritical water oxidation (SWCO) waste processors. It caters to the municipal and industrial wastewater treatment plants, food waste, chemical plants, and army camps and emergency situations. The company was founded by Yaacov Nagar and Marc Deshusses on April 30, 2021 and is headquartered in Durham, NC.