Trident Digital Tech Stock to Reverse Split on Friday, April 24th (NASDAQ:TDTH)

Trident Digital Tech Holdings Ltd (NASDAQ:TDTH)’s stock is set to reverse split on Friday, April 24th. The 1-30 reverse split was announced on Tuesday, April 7th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, April 23rd.

Trident Digital Tech Trading Down 22.6%

Shares of TDTH stock traded down $0.04 on Wednesday, reaching $0.13. The company’s stock had a trading volume of 2,782,301 shares, compared to its average volume of 931,580. Trident Digital Tech has a 12-month low of $0.12 and a 12-month high of $2.68. The stock’s 50 day simple moving average is $0.23 and its 200-day simple moving average is $0.47.

Institutional Trading of Trident Digital Tech

An institutional investor recently bought a new position in Trident Digital Tech stock. J. Derek Lewis & Associates Inc. acquired a new position in Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 195,765 shares of the company’s stock, valued at approximately $59,000. J. Derek Lewis & Associates Inc. owned about 0.24% of Trident Digital Tech at the end of the most recent quarter.

About Trident Digital Tech

Trident Digital Tech Holdings Ltd. engages in the provision of business consulting services and information technology customization solutions. Its products include Tridentity, TriVerse, TriEvents, and TriFood. The company was founded by Soon Huat Lim in 2014 and is headquartered in Singapore.