Toronto Dominion Bank Purchases 14,876 Shares of Organigram Holdings Inc. (NASDAQ:OGI)

Toronto Dominion Bank raised its holdings in shares of Organigram Holdings Inc. (NASDAQ:OGI) by 803.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,727 shares of the company’s stock after purchasing an additional 14,876 shares during the quarter. Toronto Dominion Bank’s holdings in Organigram were worth $30,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, AdvisorShares Investments LLC lifted its stake in shares of Organigram by 11.8% during the 2nd quarter. AdvisorShares Investments LLC now owns 1,000,126 shares of the company’s stock valued at $1,540,000 after buying an additional 105,468 shares in the last quarter. 34.63% of the stock is owned by hedge funds and other institutional investors.

Organigram Trading Up 3.4 %

Organigram stock opened at $1.53 on Tuesday. The firm has a 50 day simple moving average of $1.63 and a 200 day simple moving average of $1.68. Organigram Holdings Inc. has a 1-year low of $1.21 and a 1-year high of $2.91. The firm has a market capitalization of $193.02 million, a price-to-earnings ratio of -3.65 and a beta of 1.02.

About Organigram

Organigram Holdings Inc, through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including whole flower, milled flower, pre-rolls, infused pre-rolls, vapes, gummies, and concentrates for medical retailers; adult use recreational cannabis under the SHRED, Holy Mountain, Big Bag O' Buds, Monjour, Trailblazer, SHRED'ems, Edison Cannabis Co, Edison JOLTS, Tremblant, and Laurentian brands.