Jinxin Technology Holding Company American Depositary Shares (NASDAQ:NAMI) Stock Price Down 2% – Here’s What Happened

Jinxin Technology Holding Company American Depositary Shares (NASDAQ:NAMI)’s share price fell 2% during trading on Thursday . The company traded as low as $2.83 and last traded at $2.94. 29,432 shares changed hands during trading, a decline of 73% from the average session volume of 109,213 shares. The stock had previously closed at $3.00.

Jinxin Technology Holding Company American Depositary Shares Stock Down 2.0 %

The business has a 50 day simple moving average of $3.14.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Jinxin Technology Holding Company American Depositary Shares stock. Millennium Management LLC acquired a new position in shares of Jinxin Technology Holding Company American Depositary Shares (NASDAQ:NAMI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 18,557 shares of the company’s stock, valued at approximately $76,000.

About Jinxin Technology Holding Company American Depositary Shares

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.