Clever Leaves (NASDAQ:CLVR) Stock Price Up 6.7%

Clever Leaves Holdings Inc. (NASDAQ:CLVR)’s stock price rose 6.7% on Monday . The company traded as high as $11.75 and last traded at $11.75. Approximately 1,033,735 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 1,192,873 shares. The stock had previously closed at $11.01.

The stock has a 50 day moving average of $9.87.

Hedge funds have recently added to or reduced their stakes in the stock. Equitec Specialists LLC acquired a new stake in Clever Leaves in the 4th quarter worth approximately $36,000. International Assets Investment Management LLC acquired a new stake in Clever Leaves in the 4th quarter worth approximately $95,000. Focused Wealth Management Inc acquired a new stake in Clever Leaves in the 4th quarter worth approximately $135,000. Janney Montgomery Scott LLC acquired a new stake in Clever Leaves in the 4th quarter worth approximately $247,000. Finally, Koshinski Asset Management Inc. acquired a new stake in Clever Leaves in the 4th quarter worth approximately $447,000. Institutional investors own 77.80% of the company’s stock.

Clever Leaves Company Profile (NASDAQ:CLVR)

Clever Leaves Holdings Inc cultivates, produces, and sells pharmaceutical-grade cannabinoids. It invests and operates in Colombia, Portugal, Germany, the United States, and Canada. The company was founded in 2018 and is based in New York, New York.

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