VCI Global (NASDAQ:VCIG) Stock Price Down 4.7%

VCI Global Limited (NASDAQ:VCIG) shares fell 4.7% during mid-day trading on Tuesday . The stock traded as low as $1.00 and last traded at $1.02. 194,652 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 881,612 shares. The stock had previously closed at $1.07.

VCI Global Stock Down 4.7 %

The firm’s 50 day moving average is $1.07 and its 200-day moving average is $2.16.

Hedge Funds Weigh In On VCI Global

Large investors have recently made changes to their positions in the company. Barclays PLC acquired a new position in shares of VCI Global in the 3rd quarter valued at $37,000. Geode Capital Management LLC purchased a new stake in VCI Global in the 2nd quarter worth $101,000. Finally, Tower Research Capital LLC TRC purchased a new stake in VCI Global in the 2nd quarter worth $48,000. 0.20% of the stock is currently owned by institutional investors and hedge funds.

About VCI Global

VCI Global Limited provides business and technology consulting services in Malaysia, China, Singapore, the United States, and the United Kingdom. The company offers business strategy consultancy services, including listing solutions, investors relations, and boardroom strategies consultancy; and technology consultancy services and solutions, such as digital development, fintech solution, and software solutions.