Incannex Healthcare Inc. (NASDAQ:IXHL) Position Increased by AdvisorShares Investments LLC

AdvisorShares Investments LLC grew its holdings in shares of Incannex Healthcare Inc. (NASDAQ:IXHL) by 57.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 80,002 shares of the company’s stock after purchasing an additional 29,087 shares during the period. AdvisorShares Investments LLC owned 0.13% of Incannex Healthcare worth $238,000 as of its most recent SEC filing.

Separately, Virtu Financial LLC bought a new stake in shares of Incannex Healthcare during the 1st quarter valued at about $39,000. 0.43% of the stock is currently owned by hedge funds and other institutional investors.

Incannex Healthcare Price Performance

Shares of NASDAQ IXHL opened at $1.57 on Thursday. The firm’s 50-day moving average price is $2.06 and its two-hundred day moving average price is $2.77. Incannex Healthcare Inc. has a 52-week low of $0.80 and a 52-week high of $12.68.

About Incannex Healthcare

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.