Trillium Therapeutics Inc. (TRIL) Trading NaN Higher

Shares of Trillium Therapeutics Inc. (NASDAQ:TRIL) (TSE:TR) traded up NaN during mid-day trading on Wednesday . The company traded as high as $8.70 and last traded at $0.00. 657,623 shares changed hands during mid-day trading, an increase of Infinity from the average session volume of 0 shares.

A number of analysts recently issued reports on the company. Zacks Investment Research raised Trillium Therapeutics from a “sell” rating to a “hold” rating in a research report on Tuesday, October 24th. HC Wainwright assumed coverage on Trillium Therapeutics in a research report on Monday, July 17th. They issued a “buy” rating and a $7.00 target price for the company. Finally, Cowen and Company reissued a “buy” rating on shares of Trillium Therapeutics in a research report on Wednesday, July 5th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $15.00.

A number of hedge funds have recently modified their holdings of the business. NEA Management Company LLC acquired a new position in Trillium Therapeutics in the second quarter valued at approximately $4,619,000. AWM Investment Company Inc. acquired a new position in Trillium Therapeutics in the second quarter valued at approximately $4,415,000. Janus Henderson Group PLC acquired a new position in Trillium Therapeutics in the second quarter valued at approximately $2,395,000. Tekla Capital Management LLC acquired a new position in Trillium Therapeutics in the second quarter valued at approximately $1,980,000. Finally, Sectoral Asset Management Inc boosted its stake in Trillium Therapeutics by 42.9% in the second quarter. Sectoral Asset Management Inc now owns 183,272 shares of the biotechnology company’s stock valued at $806,000 after acquiring an additional 55,000 shares during the period. Institutional investors own 47.97% of the company’s stock.

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Trillium Therapeutics Company Profile

Trillium Therapeutics Inc, a clinical-stage immuno-oncology company, develops therapies for the treatment of cancer. The company’s lead program is TTI-621, a SIRPaFc fusion protein that acts a soluble decoy receptor preventing CD47 from delivering its inhibitory signal, which is in Phase I clinical trial for advanced hematologic malignancies and solid tumors therapy.

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