Safety Shot (NASDAQ:SHOT) Shares Up 4.1%

Safety Shot, Inc. (NASDAQ:SHOT) shot up 4.1% during trading on Wednesday . The stock traded as high as $1.35 and last traded at $1.28. 976,381 shares changed hands during trading, a decline of 21% from the average session volume of 1,233,348 shares. The stock had previously closed at $1.23.

Safety Shot Stock Down 2.2 %

The firm’s fifty day moving average price is $0.93 and its 200 day moving average price is $1.42.

Safety Shot (NASDAQ:SHOT) last posted its earnings results on Wednesday, August 14th. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $0.71 million for the quarter. Safety Shot had a negative net margin of 2,494.21% and a negative return on equity of 542.31%.

Institutional Trading of Safety Shot

Several hedge funds and other institutional investors have recently bought and sold shares of SHOT. XTX Topco Ltd acquired a new position in Safety Shot in the second quarter valued at approximately $84,000. Diversify Advisory Services LLC purchased a new position in shares of Safety Shot during the 1st quarter valued at approximately $36,000. Finally, Traynor Capital Management Inc. acquired a new position in shares of Safety Shot in the 1st quarter valued at $51,000. 12.55% of the stock is owned by institutional investors and hedge funds.

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.