CVI Holdings LLC Sells 28,407 Shares of Intelligent Bio Solutions Inc. (NASDAQ:INBS)

CVI Holdings LLC trimmed its position in Intelligent Bio Solutions Inc. (NASDAQ:INBS) by 26.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,843 shares of the company’s stock after selling 28,407 shares during the period. CVI Holdings LLC’s holdings in Intelligent Bio Solutions were worth $153,000 at the end of the most recent quarter.

Separately, Virtu Financial LLC bought a new stake in Intelligent Bio Solutions in the 1st quarter valued at about $53,000. 32.97% of the stock is owned by hedge funds and other institutional investors.

Intelligent Bio Solutions Price Performance

Shares of Intelligent Bio Solutions stock opened at $1.82 on Friday. Intelligent Bio Solutions Inc. has a one year low of $1.00 and a one year high of $15.24. The firm has a market capitalization of $5.67 million, a price-to-earnings ratio of -0.05 and a beta of 4.68. The business has a 50-day simple moving average of $1.48 and a 200 day simple moving average of $2.27.

Intelligent Bio Solutions Profile

Intelligent Bio Solutions Inc, a medical technology company, developing non-invasive, real-time monitoring, and diagnostic tests for patients and their primary health practitioners. It offers saliva glucose biosensor for diabetes management that measures glucose in saliva. The company also provides intelligent fingerprinting drug screening system, a revolutionizing portable testing through fingerprint sweat analysis, which has the potential for broader applications in additional fields; and biosensor platform for biochemistry, immunology, tumor markers, hormones, and nucleic acid diagnostic modalities.