Onconetix Inc (NASDAQ:ONCO) Drops -39.95% In One Week: What’s Boosting Its Stock?

In recent trading session, Onconetix Inc (NASDAQ:ONCO) saw 21.72 million shares changing hands at last check today with its beta currently measuring 3.23. Company’s recent per share price level of $0.14 trading at -$0.03 or -19.65% at last check today assigns it a market valuation of $2.00M. That most recent trading price of ONCO’s stock is at a discount of -15185.71% from its 52-week high price of $21.40 and is indicating a discount of -14.29% from its 52-week low price of $0.16. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.37 million shares which gives us an average trading volume of 9.49 million if we extend that period to 3-months.

Onconetix Inc (NASDAQ:ONCO) trade information

Upright in the red during last session for losing -19.65%, in the last five days ONCO remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $0.14 price level, adding 42.86% to its value on the day. Onconetix Inc’s shares saw a change of -78.19% in year-to-date performance and have moved -39.95% in past 5-day. Onconetix Inc (NASDAQ:ONCO) showed a performance of -76.15% in past 30-days. Number of shares sold short was 0.21 million shares which calculate 0.3 days to cover the short interests.

Onconetix Inc (NASDAQ:ONCO)’s Major holders

Insiders are in possession of 35.48% of company’s total shares while institution are holding 2.80 percent of that, with stock having share float percentage of 4.34%. Investors also watch the number of corporate investors in a company very closely, which is 2.80% institutions for Onconetix Inc that are currently holding shares of the company.

On the other hand, Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 53.6 shares of worth $7482.0 or 0.37% of the total outstanding shares. The later fund manager was in possession of 1.82 shares on Dec 31, 2024 , making its stake of worth around $254.0 in the company or a holder of 0.01% of company’s stock.