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question about Institutional Ownership
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question about Institutional Ownership# Stock
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Hi,
Can any Daniu help me explain whether the % of Institutional Ownership mean
anything for a stock?
I checked several stocks on Nasdaq website, and most of them have more than
50% Institutional Ownership. However JD only shows 16%, updated by Mar 31.
Is this indicating anything? For example the company owns most of the shares
or MM lost interest?
Is there any website showing the most updated one, for example up to today.
Thanks
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