VBI Vaccines, Inc. – (VBIV) Sees Large Volume Increase
VBI Vaccines, Inc. – (NASDAQ:VBIV) saw an uptick in trading volume on Monday . 98,620 shares traded hands during mid-day trading, an increase of 35% from the previous session’s volume of 73,062 shares.The stock last traded at $3.87 and had previously closed at $3.68.
The company’s market capitalization is $128.17 million. The company has a 50-day moving average price of $3.98 and a 200-day moving average price of $4.00.
A hedge fund recently bought a new stake in VBI Vaccines, Inc. – stock. Cambridge Investment Research Advisors Inc. purchased a new position in shares of VBI Vaccines, Inc. – (NASDAQ:VBIV) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 1,433,100 shares of the biopharmaceutical company’s stock, valued at approximately $3,497,000. Cambridge Investment Research Advisors Inc. owned about 6.09% of VBI Vaccines, Inc. – as of its most recent SEC filing.
VBI Vaccines Inc, formerly SciVac Therapeutics Inc, is a biotechnology company. The Company is engaged in developing various technologies that focus on vaccine protection. It has developed an enveloped virus like particle (eVLP) vaccine platform that allows for the design of enveloped VLP vaccines. It is involved in various projects related to human cytomegalovirus (CMV) and other antigens.
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