Naked Brand Group Ltd (NASDAQ:NAKD) shot up 24.1% during trading on Thursday . The company traded as high as $0.14 and last traded at $0.14. 103,020,055 shares were traded during trading, an increase of 1,342% from the average session volume of 7,144,735 shares. The stock had previously closed at $0.11.
The company has a fifty day moving average price of $0.23 and a two-hundred day moving average price of $0.51.
A hedge fund recently bought a new stake in Naked Brand Group stock. Virtu Financial LLC purchased a new stake in Naked Brand Group Ltd (NASDAQ:NAKD) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 175,959 shares of the company’s stock, valued at approximately $115,000. Virtu Financial LLC owned 2.45% of Naked Brand Group as of its most recent SEC filing. 1.25% of the stock is currently owned by institutional investors.
Naked Brand Group Limited designs, manufactures, and markets intimate, apparel, and swimwear products worldwide. The company has a portfolio of 11 company-owned and licensed brands, including Heidi Klum Intimates, Heidi Klum Accessories, Bendon, Fayreform, Pleasure State, Lovable, Heidi Klum Swim, Naked, Hickory, Bendon Man, and Davenport.
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