In last trading session, Redhill Biopharma Ltd. ADR (NASDAQ:RDHL) saw 0.54 million shares changing hands with its beta currently measuring 3.47. Company’s recent per share price level of $0.43 trading at -$0.02 or -6.32% at ring of the bell on the day assigns it a market valuation of $12.63M. That closing price of RDHL’s stock is at a discount of -737.21% from its 52-week high price of $3.60 and is indicating a premium of 39.53% from its 52-week low price of $0.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.35 million shares which gives us an average trading volume of 1.24 million if we extend that period to 3-months.
Redhill Biopharma Ltd. ADR (NASDAQ:RDHL) trade information
Upright in the red during last session for losing -6.32%, in the last five days RDHL remained trading in the red while hitting it’s week-highest on Monday, 04/08/24 when the stock touched $0.43 price level, adding 19.61% to its value on the day. Redhill Biopharma Ltd. ADR’s shares saw a change of -70.86% in year-to-date performance and have moved -19.58% in past 5-day. Redhill Biopharma Ltd. ADR (NASDAQ:RDHL) showed a performance of -21.64% in past 30-days. Number of shares sold short was 0.91 million shares which calculate 1.12 days to cover the short interests.
RDHL Dividends
Redhill Biopharma Ltd. ADR is more likely to be releasing its next quarterly report in May and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Redhill Biopharma Ltd. ADR (NASDAQ:RDHL)’s Major holders
Insiders are in possession of 0.00% of company’s total shares while institution are holding 6.25 percent of that, with stock having share float percentage of 6.25%. Investors also watch the number of corporate investors in a company very closely, which is 6.25% institutions for Redhill Biopharma Ltd. ADR that are currently holding shares of the company. Cowen and Company, LLC is the top institutional holder at RDHL for having 0.29 million shares of worth $0.35 million. And as of Jun 29, 2023, it was holding 32.66% of the company’s outstanding shares.
The second largest institutional holder is Citadel Advisors Llc, which was holding about 15729.0 shares on Jun 29, 2023. The number of shares represents firm’s hold over 1.78% of outstanding shares, having a total worth of $18874.0.
