Aethlon Medical (NASDAQ:AEMD) Shares Up 6.1%
Aethlon Medical, Inc. (NASDAQ:AEMD) shares shot up 6.1% during trading on Thursday . The company traded as high as $2.09 and last traded at $2.08, 187,175 shares traded hands during mid-day trading. A decline of 91% from the average session volume of 2,161,530 shares. The stock had previously closed at $1.96.
The stock has a 50 day moving average price of $1.98 and a 200 day moving average price of $1.91.
An institutional investor recently raised its position in Aethlon Medical stock. Morgan Stanley lifted its position in Aethlon Medical, Inc. (NASDAQ:AEMD) by 9,823.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 69,268 shares of the medical equipment provider’s stock after buying an additional 68,570 shares during the period. Morgan Stanley owned approximately 0.74% of Aethlon Medical worth $106,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 3.07% of the company’s stock.
Aethlon Medical, Inc, a medical device company, focuses on creating devices that address unmet medical needs in health and biodefense worldwide. The company is developing Aethlon Hemopurifier, a clinical-stage therapeutic device that eliminates life-threatening viruses from the circulatory system of infected individuals.
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