Inuvo (INUV) Trading 6.8% Higher

Inuvo Inc (NYSEAMERICAN:INUV)’s share price traded up 6.8% during mid-day trading on Thursday . The company traded as high as $0.89 and last traded at $0.78. 13,084 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 181,855 shares. The stock had previously closed at $0.73.

Several hedge funds and other institutional investors have recently modified their holdings of INUV. Perkins Capital Management Inc. boosted its position in shares of Inuvo by 1.7% in the first quarter. Perkins Capital Management Inc. now owns 652,527 shares of the technology company’s stock worth $809,000 after buying an additional 11,082 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Inuvo in the fourth quarter worth $42,000. Finally, Renaissance Technologies LLC boosted its position in shares of Inuvo by 3.4% in the third quarter. Renaissance Technologies LLC now owns 1,529,120 shares of the technology company’s stock worth $948,000 after buying an additional 50,400 shares during the period.

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Inuvo Company Profile (NYSEAMERICAN:INUV)

Inuvo, Inc, together with its subsidiaries, a technology company, provides data-driven platforms that automatically identify and message online audiences across video, mobile, connected TV, display, and social and native devices, channels, and formats in the United States. The company's digital marketplace allows advertisers and publishers the opportunity to buy and sell advertising space in real time.

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