Nisun International Enterprise Development Group (NASDAQ:NISN) Shares Down 6.9% – Here’s Why

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) shares were down 6.9% on Tuesday . The stock traded as low as $5.24 and last traded at $5.27. Approximately 17,175 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 127,925 shares. The stock had previously closed at $5.66.

Nisun International Enterprise Development Group Trading Down 6.9 %

The business has a 50 day simple moving average of $7.17 and a two-hundred day simple moving average of $8.48.

Institutional Trading of Nisun International Enterprise Development Group

A hedge fund recently bought a new stake in Nisun International Enterprise Development Group stock. Steward Partners Investment Advisory LLC bought a new stake in Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,200 shares of the company’s stock, valued at approximately $89,000. Steward Partners Investment Advisory LLC owned 0.33% of Nisun International Enterprise Development Group as of its most recent filing with the Securities & Exchange Commission. 4.73% of the stock is owned by institutional investors.

About Nisun International Enterprise Development Group

Nisun International Enterprise Development Group Co, Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its rich industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions.