ZenaTech (NASDAQ:ZENA) Trading Down 1.8% – Should You Sell?

ZenaTech, Inc. (NASDAQ:ZENA) dropped 1.8% during trading on Wednesday . The company traded as low as $2.21 and last traded at $2.21. Approximately 350,389 shares traded hands during trading, a decline of 89% from the average daily volume of 3,126,261 shares. The stock had previously closed at $2.25.

ZenaTech Trading Down 1.8%

The stock has a fifty day moving average of $2.51 and a two-hundred day moving average of $4.22.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Millennium Management LLC acquired a new stake in ZenaTech in the 4th quarter valued at about $88,000. OMERS ADMINISTRATION Corp bought a new stake in shares of ZenaTech during the fourth quarter valued at approximately $90,000. Jane Street Group LLC bought a new stake in shares of ZenaTech during the fourth quarter valued at approximately $109,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of ZenaTech in the fourth quarter valued at approximately $119,000.

ZenaTech Company Profile

ZenaTech, Inc, an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.