Opaleye Management buys $11,700,000 stake in Medgenics Inc (MDGN)

Medgenics Inc (MDGN) : Opaleye Management scooped up 392,300 additional shares in Medgenics Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 1,950,000 shares of Medgenics Inc which is valued at $11,700,000.Medgenics Inc makes up approximately 6.71% of Opaleye Management’s portfolio.

Other Hedge Funds, Including , Van Eck Associates Corp reduced its stake in MDGN by selling 4,295 shares or 21.49% in the most recent quarter. The Hedge Fund company now holds 15,688 shares of MDGN which is valued at $94,128.Teachers Advisors Inc boosted its stake in MDGN in the latest quarter, The investment management firm added 3,774 additional shares and now holds a total of 34,272 shares of Medgenics Inc which is valued at $205,632.Blackrock Fund Advisors boosted its stake in MDGN in the latest quarter, The investment management firm added 68,454 additional shares and now holds a total of 632,813 shares of Medgenics Inc which is valued at $3,796,878.

Medgenics Inc closed down -0.17 points or -2.97% at $5.56 with 41,320 shares getting traded on Monday. Post opening the session at $5.8, the shares hit an intraday low of $5.53 and an intraday high of $5.8 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *