Safety Shot (NASDAQ:SHOT) Trading 3.3% Higher – Time to Buy?

Shares of Safety Shot, Inc. (NASDAQ:SHOT) rose 3.3% during trading on Tuesday . The company traded as high as $0.95 and last traded at $0.94. Approximately 467,191 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 1,105,205 shares. The stock had previously closed at $0.91.

Safety Shot Price Performance

The company has a 50-day moving average of $1.06 and a 200-day moving average of $1.06.

Institutional Trading of Safety Shot

Several institutional investors and hedge funds have recently modified their holdings of SHOT. Geode Capital Management LLC grew its stake in Safety Shot by 9.7% during the third quarter. Geode Capital Management LLC now owns 433,867 shares of the company’s stock worth $529,000 after purchasing an additional 38,258 shares during the period. State Street Corp lifted its stake in shares of Safety Shot by 40.5% in the 3rd quarter. State Street Corp now owns 146,100 shares of the company’s stock valued at $178,000 after acquiring an additional 42,100 shares during the last quarter. XTX Topco Ltd bought a new position in Safety Shot during the 2nd quarter valued at approximately $84,000. Total Investment Management Inc. purchased a new position in shares of Safety Shot during the 3rd quarter worth approximately $49,000. Finally, Tyler Stone Wealth Management grew its stake in shares of Safety Shot by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 34,200 shares of the company’s stock worth $42,000 after buying an additional 17,100 shares during the last quarter. 12.55% of the stock is currently owned by institutional investors.

Safety Shot Company Profile

Safety Shot, Inc, a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property. The company offers Safety Shot Beverage, an over-the-counter drink that lowers blood alcohol content. It also develops Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women’s sexual wellness; and NoStingz, a jellyfish sting prevention sunscreen.