Venu (NYSEAMERICAN:VENU) Trading Down 1% – Time to Sell?

Venu Holding Co. (NYSEAMERICAN:VENU)’s stock price dropped 1% during trading on Thursday . The stock traded as low as $8.17 and last traded at $8.19. Approximately 8,869 shares changed hands during trading, a decline of 67% from the average daily volume of 26,937 shares. The stock had previously closed at $8.27.

Venu Stock Down 1.0 %

The firm has a fifty day moving average price of $9.25.

Institutional Investors Weigh In On Venu

Large investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC acquired a new position in Venu in the 1st quarter worth $92,000. Exchange Traded Concepts LLC acquired a new position in shares of Venu in the first quarter worth about $171,000. Bleichroeder LP purchased a new position in Venu in the fourth quarter valued at about $183,000. Pallas Capital Advisors LLC purchased a new position in shares of Venu during the 1st quarter valued at approximately $193,000. Finally, OMERS ADMINISTRATION Corp bought a new position in Venu during the 4th quarter valued at $244,000.

About Venu

Venu Holding Corporation is a premier hospitality and live music company dedicated to crafting luxury, experience-driven entertainment destinations. Venu Holding Corporation is based in COLORADO SPRINGS, Colo.