Sunday, July 14, 2019 10:07:14 AM
Show Me The Big Money
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in CRON, here’s what we’re seeing:
Institutions own 17.34% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 5.15% percent of CRON shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.
What’s Going On With Share Counts?
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 178.71M shares of Cronos Group Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, CRON has a float of 157.42M.
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