In the latest trading session, 1.46 million Cumberland Pharmaceuticals Inc (NASDAQ:CPIX) shares changed hands as the company’s beta touched 0.13. With the company’s most recent per share price at $3.25 changing hands around $0.92 or 39.56% at last look, the market valuation stands at $45.66M. CPIX’s last price was a premium, traded about 6.15% off its 52-week high of $3.05. The share price had its 52-week low at $1.04, which suggests the last value was 68.0% up since then. When we look at Cumberland Pharmaceuticals Inc’s average trading volume, we note the 10-day average is 89010.0 shares, with the 3-month average coming to 1.85 million.
Cumberland Pharmaceuticals Inc (NASDAQ:CPIX) trade information
Instantly CPIX is in green as seen in intraday trades today. With action 42.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 37.20%, with the 5-day performance at 42.00% in the green. However, in the 30-day time frame, Cumberland Pharmaceuticals Inc (NASDAQ:CPIX) is 34.37% up. Looking at the short shares, we see there were 0.48 million shares sold at short interest cover period of 0.09 days.
Cumberland Pharmaceuticals Inc (NASDAQ:CPIX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 44.10% of Cumberland Pharmaceuticals Inc shares while 14.69% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 26.28%. There are 14.69% institutions holding the Cumberland Pharmaceuticals Inc stock share, with RENAISSANCE TECHNOLOGIES LLC the top institutional holder. As of 2024-06-30, the company held 3.8173% of the shares, roughly 0.54 million CPIX shares worth $0.82 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.6546% or 0.37 million shares worth $0.57 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Bridgeway Funds Inc-Ultra Small Company Fund. With 280.82 shares estimated at $0.83 million under it, the former controlled 2.00% of total outstanding shares. On the other hand, Bridgeway Funds Inc-Ultra Small Company Fund held about 1.66% of the shares, roughly 233.07 shares worth around $0.69 million.
