ZAIS Group Holdings (ZAIS) : Traders are bullish on ZAIS Group Holdings (ZAIS) as it has outperformed the S&P 500 by a wide margin of 142.93% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 62.01%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 64.44% in the last 1 week, and is up 153.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 61.33% and the 50-Day Moving Average is 76.82%.
ZAIS Group Holdings (NASDAQ:ZAIS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.52 and $2.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $3.93, notching a gain of 62.40% for the day. The total traded volume was 7,580,946 . The stock had closed at $2.42 on the previous day.
The company Insiders own 60.49% of ZAIS Group Holdings shares according to the proxy statements. Institutional Investors own 4.36% of ZAIS Group Holdings shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chief Investmt Officer & Chmn) of Zais Group Holdings, Inc., Zugel Christian, had purchased 162,498 shares in a transaction dated on March 17, 2015. The transaction was executed at $0.01 per share with total amount equaling $1,625.