Delcath Systems, Inc. (NASDAQ:DCTH) shares gapped up prior to trading on Friday . The stock had previously closed at $0.14, but opened at $0.14. Delcath Systems shares last traded at $0.12, with a volume of 48,520,541 shares.

The stock has a 50-day moving average of $0.12 and a 200 day moving average of $0.10. The stock’s market cap is $52.80 million.

An institutional investor recently raised its position in Delcath Systems stock. Virtu KCG Holdings LLC grew its holdings in Delcath Systems, Inc. (NASDAQ:DCTH) by 72.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,518,724 shares of the medical device company’s stock after acquiring an additional 637,689 shares during the period. Virtu KCG Holdings LLC owned about 1.28% of Delcath Systems worth $299,000 as of its most recent filing with the Securities & Exchange Commission. 7.97% of the stock is owned by institutional investors.

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About Delcath Systems

Delcath Systems, Inc is a late-stage clinical development company with early commercial activity in Europe focused on cancers of the liver. The Company is a specialty pharmaceutical and medical device company developing its product, Melphalan Hydrochloride for Injection for use with the Delcath Hepatic Delivery System (Melphalan/HDS).

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