ZK International Group Co Ltd (NASDAQ:ZKIN) was down 4.5% during trading on Monday . The company traded as low as $1.28 and last traded at $1.28. Approximately 600 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 86,481 shares. The stock had previously closed at $1.34.

An institutional investor recently bought a new position in ZK International Group stock. Virtu Financial LLC acquired a new position in shares of ZK International Group Co Ltd (NASDAQ:ZKIN) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 73,099 shares of the company’s stock, valued at approximately $113,000. Virtu Financial LLC owned about 0.55% of ZK International Group at the end of the most recent quarter. 1.65% of the stock is owned by institutional investors and hedge funds.

ZK International Group Co, Ltd., through its subsidiaries, designs, produces, and sells double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. The company offers steel strips, steel pipes, and light gauge stainless steel pipes, as well as pipe connections and fittings, such as couplings, adapters, unions, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.

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