Jowell Global (NASDAQ:JWEL) Shares Down 19.6%

Jowell Global Ltd. (NASDAQ:JWEL)’s stock price traded down 19.6% during mid-day trading on Tuesday . The company traded as low as $1.90 and last traded at $2.01. 46,744 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 40,407 shares. The stock had previously closed at $2.50.

Jowell Global Stock Down 19.6 %

The firm has a 50 day moving average price of $4.69 and a two-hundred day moving average price of $4.11.

Hedge Funds Weigh In On Jowell Global

A hedge fund recently bought a new stake in Jowell Global stock. Virtu Financial LLC acquired a new stake in Jowell Global Ltd. (NASDAQ:JWEL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 86,502 shares of the company’s stock, valued at approximately $36,000. Virtu Financial LLC owned approximately 0.27% of Jowell Global at the end of the most recent reporting period. Institutional investors own 0.22% of the company’s stock.

About Jowell Global

Jowell Global Ltd. engages in the online retail of cosmetics, health and nutritional supplements, and household products in China. It also sells skin care, body care, and baby and children's products; washing items; fragrances; food products; electronics; and apparel. In addition, it sells its products through retail stores under the Love Home Store, LHH Store, and Juhao Best Choice Store brand names.