Virtu Financial LLC Makes New $119,000 Investment in ZK International Group Co., Ltd. (NASDAQ:ZKIN)

Virtu Financial LLC purchased a new position in ZK International Group Co., Ltd. (NASDAQ:ZKIN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 27,803 shares of the company’s stock, valued at approximately $119,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Voloridge Investment Management LLC purchased a new position in shares of ZK International Group during the first quarter worth $2,114,000. Jane Street Group LLC purchased a new position in shares of ZK International Group during the first quarter worth $503,000. Jump Financial LLC purchased a new position in shares of ZK International Group during the second quarter worth $153,000. Van ECK Associates Corp raised its holdings in shares of ZK International Group by 85.9% during the second quarter. Van ECK Associates Corp now owns 27,551 shares of the company’s stock worth $118,000 after purchasing an additional 12,728 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of ZK International Group during the first quarter worth $229,000. 3.16% of the stock is owned by institutional investors and hedge funds.

Shares of ZK International Group stock opened at $2.20 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.39 and a quick ratio of 1.80. The firm has a fifty day moving average price of $2.81 and a 200 day moving average price of $3.57. ZK International Group Co., Ltd. has a 1 year low of $1.83 and a 1 year high of $14.60.

ZK International Group Profile

ZK International Group Co, Ltd. operates as a holding company, which through its subsidiaries engages in the manufacturing, research, development and sale of stainless steel pipes and carbon steel pipe products. Its products include steel band, copper strip, welded stainless steel pipes and fittings, pipe fittings, valve, light industry machinery and equipment, and other stainless steel products.

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Institutional Ownership by Quarter for ZK International Group (NASDAQ:ZKIN)

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