Humacyte (NASDAQ:HUMAW) Trading Up 5.4%

Humacyte, Inc. (NASDAQ:HUMAWGet Rating)’s stock price was up 5.4% on Wednesday . The stock traded as high as $0.97 and last traded at $0.97. Approximately 38,671 shares traded hands during mid-day trading, an increase of 175% from the average daily volume of 14,044 shares. The stock had previously closed at $0.92.

Humacyte Stock Up 5.4 %

The stock has a 50-day moving average of $0.73.

Institutional Investors Weigh In On Humacyte

Hedge funds have recently bought and sold shares of the stock. Josh Arnold Investment Consultant LLC purchased a new position in shares of Humacyte during the 4th quarter valued at approximately $93,000. LPL Financial LLC increased its position in shares of Humacyte by 15.5% during the 4th quarter. LPL Financial LLC now owns 223,656 shares of the company’s stock worth $88,000 after purchasing an additional 30,000 shares during the last quarter. Finally, Sio Capital Management LLC purchased a new position in Humacyte during the 1st quarter valued at about $30,000.

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