Aditxt, Inc. (NASDAQ:ADTX) shares soared Thursday on abnormally-high volume. The stock has been volatile since yesterday.
What To Know: The explosive price action seen Thursday follows a turbulent Wednesday, on which the stock was halted and then resumed trade.
The stock surged over 500% Thursday, on which it once again was halted, resumed trading, and was then halted again.
Aditxt is a low-float stock and is trading higher on abnormally-high volume. According to Benzinga Pro, the stock experienced above-average trading volume of 1.14 million shares on Thursday compared to its average volume of 83,543.
Aditxt also has elevated short interest with 54.38% of shares currently sold short, which could be a factor in the stock’s price move.
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ADTX Price Action: Shares of ADTX were up 381.8% at $47.22 at the time of publication, according to Benzinga Pro.
Image by Konstantin Kolosov from Pixabay
