ZK International Group (ZKIN) Stock Price Down 7.7%

ZK International Group Co Ltd (NASDAQ:ZKIN) shares were down 7.7% during mid-day trading on Monday . The stock traded as low as $1.78 and last traded at $1.92. Approximately 528,759 shares changed hands during trading, a decline of 11% from the average daily volume of 595,420 shares. The stock had previously closed at $2.08.

A hedge fund recently bought a new stake in ZK International Group stock. Virtu Financial LLC bought a new position in shares of ZK International Group Co Ltd (NASDAQ:ZKIN) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 73,099 shares of the company’s stock, valued at approximately $113,000. Virtu Financial LLC owned about 0.55% of ZK International Group at the end of the most recent reporting period. Institutional investors own 0.34% of the company’s stock.

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ZK International Group Company Profile (NASDAQ:ZKIN)

ZK International Group Co, Ltd., through its subsidiaries, designs, produces, and sells double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. The company offers steel strips, steel pipes, and light gauge stainless steel pipes, as well as pipe connections and fittings, such as couplings, adapters, unions, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.

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