Safety Shot (NASDAQ:SHOT) Trading 5.1% Higher

Safety Shot, Inc. (NASDAQ:SHOT)’s share price traded up 5.1% on Tuesday . The company traded as high as $0.80 and last traded at $0.76. 696,884 shares were traded during trading, a decline of 44% from the average session volume of 1,235,838 shares. The stock had previously closed at $0.73.

Safety Shot Price Performance

The firm has a fifty day moving average of $0.95 and a 200-day moving average of $1.62.

Institutional Investors Weigh In On Safety Shot

Large investors have recently modified their holdings of the stock. Tyche Wealth Partners LLC purchased a new stake in Safety Shot during the 1st quarter worth $37,000. Diversify Advisory Services LLC acquired a new position in shares of Safety Shot in the first quarter worth about $36,000. Traynor Capital Management Inc. purchased a new position in Safety Shot in the first quarter valued at about $51,000. Finally, XTX Topco Ltd acquired a new stake in Safety Shot during the 2nd quarter valued at approximately $84,000. Institutional investors and hedge funds own 12.55% of the company’s stock.

Safety Shot Company Profile

Safety Shot, Inc, a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property. The company offers Safety Shot Beverage, an over-the-counter drink that lowers blood alcohol content. It also develops Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women's sexual wellness; and NoStingz, a jellyfish sting prevention sunscreen.