Shares of Inspira Technologies OXY B.H.N. Ltd. (NASDAQ:IINN – Get Free Report) were down 9.7% during trading on Friday. The stock traded as low as $1.3701 and last traded at $1.40. 5,109,308 shares traded hands during mid-day trading, an increase of 1,350% from the average session volume of 352,435 shares. The stock had previously closed at $1.55.
Inspira Technologies OXY B.H.N. Stock Down 9.7%
The company has a quick ratio of 1.30, a current ratio of 1.56 and a debt-to-equity ratio of 0.08. The company has a fifty day simple moving average of $1.05 and a two-hundred day simple moving average of $1.10.
Hedge Funds Weigh In On Inspira Technologies OXY B.H.N.
An institutional investor recently raised its position in Inspira Technologies OXY B.H.N. stock. Yorkville Advisors Global LP lifted its stake in shares of Inspira Technologies OXY B.H.N. Ltd. (NASDAQ:IINN – Free Report) by 10.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,977,724 shares of the company’s stock after buying an additional 193,880 shares during the period. Inspira Technologies OXY B.H.N. comprises approximately 0.5% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 18th biggest position. Yorkville Advisors Global LP owned approximately 5.50% of Inspira Technologies OXY B.H.N. worth $883,000 as of its most recent filing with the SEC. 12.72% of the stock is owned by hedge funds and other institutional investors.
About Inspira Technologies OXY B.H.N.
Inspira Technologies OXY B.H.N. Ltd. is a medical technology company developing respiratory-support systems intended to address acute respiratory failure and reduce the need for invasive mechanical ventilation. The company’s work focuses on technologies that support blood oxygenation and carbon dioxide removal for patients requiring critical-care respiratory assistance.
Its principal platform is the INSPIRA ART system, an extracorporeal respiratory-support technology designed to oxygenate blood outside the body and return it to the patient.
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