Violin Memory, Inc. (NYSE:VMEM) Stock Closed Significantly Above Its 50 Day Average

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Shares last traded at $0.36 well above the 50 day moving average of $0.18 and significantly below the 200 day moving average of $1.52. The 50 day moving average went up by +99.5000% and the 200 day average went down $-1.16 or -76.3871%. (NYSE:VMEM) shares saw light trading volume with 0 shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of nan% under the normal average daily volume.

Additionally, here are a few investment firms who have increased or decreased their stake in (VMEM). As of the end of the quarter Citadel Advisors LLC had acquired a total of 131,683 shares growing its stake by 3,975.9%. The value of the investment in Violin Memory, Inc. increased from $3,000 to $70,000 a change of 2,233.3% quarter to quarter.

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