Virtu Financial LLC Takes Position in Incannex Healthcare Inc. (NASDAQ:IXHL)

Virtu Financial LLC purchased a new position in shares of Incannex Healthcare Inc. (NASDAQ:IXHL) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 36,622 shares of the company’s stock, valued at approximately $73,000. Virtu Financial LLC owned about 0.06% of Incannex Healthcare as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, AdvisorShares Investments LLC lifted its position in shares of Incannex Healthcare by 57.1% during the 2nd quarter. AdvisorShares Investments LLC now owns 80,002 shares of the company’s stock worth $238,000 after buying an additional 29,087 shares in the last quarter. 0.43% of the stock is owned by hedge funds and other institutional investors.

Incannex Healthcare Stock Down 11.0 %

IXHL stock opened at $1.78 on Friday. The firm has a market cap of $31.40 million, a PE ratio of -1.28 and a beta of 7.68. The business has a 50 day moving average of $2.08 and a 200-day moving average of $2.21. Incannex Healthcare Inc. has a 12-month low of $1.50 and a 12-month high of $8.47.

Incannex Healthcare (NASDAQ:IXHL) last announced its quarterly earnings data on Monday, September 30th. The company reported ($0.39) earnings per share (EPS) for the quarter. The business had revenue of $0.01 million during the quarter.

Incannex Healthcare Profile

Incannex Healthcare Inc, a clinical stage pharmaceutical development company, engages in the research, development, and sale of medicinal cannabinoid and psychedelic pharmaceutical products and therapies. It develops products for the treatment of obstructive sleep apnoea (OSA), traumatic brain injury (TBI) and concussion, lung inflammation (ARDS, COPD, asthma, bronchitis), rheumatoid arthritis, inflammatory bowel disease, anxiety disorders, addiction disorders, pain, and other indications.