Visterra (NASDAQ:VIST) Trading 5.5% Higher

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Visterra Inc (NASDAQ:VIST) shares traded up 5.5% during mid-day trading on Friday . The company traded as high as $5.63 and last traded at $5.55, 116,200 shares were traded during trading. A decline of 46% from the average session volume of 216,784 shares. The stock had previously closed at $5.26.

The business has a fifty day moving average of $5.26.

An institutional investor recently bought a new position in Visterra stock. FNY Investment Advisers LLC acquired a new position in Visterra Inc (NASDAQ:VIST) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,360 shares of the biotechnology company’s stock, valued at approximately $27,000.

About Visterra (NASDAQ:VIST)

Visterra Inc is a United States-based biotechnology company. The Company uses its Atomic Interaction Network analysis to identify disease targets and design effective therapeutics. The Company’s technology is based on its Hierotope Platform, which identifies an area, or epitope, on the target protein, glycoprotein or glycan that is fundamental to its structure and function.

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