Cross Staff Investments Inc Sells 25,000 Shares of The Glimpse Group, Inc. (NASDAQ:VRAR)

Cross Staff Investments Inc trimmed its stake in The Glimpse Group, Inc. (NASDAQ:VRAR) by 13.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,000 shares of the company’s stock after selling 25,000 shares during the period. Cross Staff Investments Inc owned approximately 0.85% of The Glimpse Group worth $158,000 as of its most recent SEC filing.

Separately, Simplicity Wealth LLC bought a new position in The Glimpse Group during the first quarter valued at approximately $51,000. Hedge funds and other institutional investors own 21.41% of the company’s stock.

The Glimpse Group Price Performance

Shares of NASDAQ VRAR opened at $0.84 on Friday. The Glimpse Group, Inc. has a one year low of $0.73 and a one year high of $3.46. The firm’s 50 day simple moving average is $0.92 and its two-hundred day simple moving average is $1.10. The stock has a market capitalization of $15.33 million, a P/E ratio of -0.56 and a beta of 2.05.

The Glimpse Group Company Profile

The Glimpse Group, Inc, a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.