Hudson Capital (NASDAQ:HUSN) Trading 6.2% Higher

Hudson Capital Inc. (NASDAQ:HUSN – Get Rating) traded up 6.2% during trading on Friday . The stock traded as high as $0.23 and last traded at $0.23. 1,740,309 shares were traded during trading, an increase of 73% from the average session volume of 1,005,490 shares. The stock had previously closed at $0.21.

Hudson Capital Stock Up 6.2 %

The stock’s 50 day moving average is $0.32 and its two-hundred day moving average is $0.50.

Hedge Funds Weigh In On Hudson Capital

A hedge fund recently bought a new stake in Hudson Capital stock. Virtu Financial LLC bought a new stake in shares of Hudson Capital Inc. (NASDAQ:HUSN – Get Rating) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 17,112 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned approximately 0.50% of Hudson Capital at the end of the most recent reporting period. Institutional investors and hedge funds own 11.10% of the company’s stock.

About Hudson Capital

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Hudson Capital Inc, through its subsidiary, Freight App, Inc, operates a transportation logistics technology platform in North American. The company offers Fr8App focuses on truckload freight for domestic and cross-border markets in Mexico, the United States, and Canada. Its Fr8App uses its proprietary technology platform to connect carriers and shippers, and enhance matching and operation efficiency through technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.