GRI Bio Inc (NASDAQ: GRI) Surprises Bears With Upbeat Outlook.

In today’s recent session, 0.75 million shares of the GRI Bio Inc (NASDAQ:GRI) have been traded, and its beta is -1.70. Most recently the company’s share price was $0.67, and it changed around $0.06 or 8.69% from the last close, which brings the market valuation of the company to $1.96M. GRI at last check was trading at a discount to its 52-week high of $134.68, offering almost -20001.49% off that amount. The share price’s 52-week low was $0.30, which indicates that the recent value has risen by an impressive 55.22% since then. We note from GRI Bio Inc’s average daily trading volume that its 10-day average is 17.71 million shares, with the 3-month average coming to 3.44 million.

GRI Bio Inc (NASDAQ:GRI) trade information

Instantly GRI has been showing a green trend so far today with a performance of 8.69% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.8600 on recent trading dayincreased the stock’s daily price by 22.09%. The company’s shares are currently down -98.09% year-to-date, but still down -17.19% over the last five days. On the other hand, GRI Bio Inc (NASDAQ:GRI) is 99.36% up in the 30-day period. We can see from the shorts that 0.23 million shares have been sold at a short interest cover period of 0.15 day(s).

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GRI Bio Inc (NASDAQ:GRI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.35% of GRI Bio Inc shares, and 9.79% of them are in the hands of institutional investors. The stock currently has a share float of 9.82%.