Jinxin Technology Holding Company American Depositary Shares (NASDAQ:NAMI) Stock Price Down 2% – Time to Sell?

Jinxin Technology Holding Company American Depositary Shares (NASDAQ:NAMI)’s stock price traded down 2% during mid-day trading on Thursday . The stock traded as low as $2.83 and last traded at $2.94. 29,432 shares were traded during mid-day trading, a decline of 73% from the average session volume of 109,213 shares. The stock had previously closed at $3.00.

Jinxin Technology Holding Company American Depositary Shares Price Performance

The company’s 50-day moving average is $3.13.

Hedge Funds Weigh In On Jinxin Technology Holding Company American Depositary Shares

An institutional investor recently bought a new position in Jinxin Technology Holding Company American Depositary Shares stock. Millennium Management LLC bought a new position in shares of Jinxin Technology Holding Company American Depositary Shares (NASDAQ:NAMI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 18,557 shares of the company’s stock, valued at approximately $76,000.

Jinxin Technology Holding Company American Depositary Shares Company Profile

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.