Safety Shot, Inc. (NASDAQ:SHOT - Get Free Report)'s share price shot up 3.3% during mid-day trading on Tuesday . The stock traded as high as $0.95 and last traded at $0.94. 467,191 shares traded hands during trading, a decline of 58% from the average session volume of 1,105,205 shares. The stock had previously closed at $0.91.
Safety Shot Price Performance
The stock has a 50 day moving average of $1.06 and a 200 day moving average of $1.06.
Hedge Funds Weigh In On Safety Shot
Hedge funds have recently made changes to their positions in the business. XTX Topco Ltd bought a new stake in Safety Shot in the second quarter worth $84,000. Tyler Stone Wealth Management boosted its holdings in Safety Shot by 100.0% in the third quarter. Tyler Stone Wealth Management now owns 34,200 shares of the company's stock worth $42,000 after acquiring an additional 17,100 shares in the last quarter. CreativeOne Wealth LLC bought a new stake in Safety Shot in the third quarter worth $27,000. Total Investment Management Inc. bought a new stake in Safety Shot in the third quarter worth $49,000. Finally, Geode Capital Management LLC boosted its holdings in Safety Shot by 9.7% in the third quarter. Geode Capital Management LLC now owns 433,867 shares of the company's stock worth $529,000 after acquiring an additional 38,258 shares in the last quarter. 12.55% of the stock is owned by hedge funds and other institutional investors.
About Safety Shot
(
Get Free Report)
Safety Shot, Inc, a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property. The company offers Safety Shot Beverage, an over-the-counter drink that lowers blood alcohol content. It also develops Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women's sexual wellness; and NoStingz, a jellyfish sting prevention sunscreen.
Read More
Before you consider Safety Shot, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Safety Shot wasn't on the list.
While Safety Shot currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.