5 Best High Volume Stocks to Buy Now

3. Cocrystal Pharma, Inc. (NASDAQ: COCP)

Number of Hedge Fund Holders: N/A
Volume: 152 million

Cocrystal Pharma, Inc. (NASDAQ: COCP) is ranked third on our list of 15 best high volume stocks to buy now. The company’s shares have returned 5% to investors over the past five days. The firm is based in Washington and focuses on the development of antiviral therapeutic treatments for serious and chronic viral diseases. On June 14, the share price of the company jumped 11% after a clinical study into a treatment to fight the COVID-19 showed promising results against the UK and South African variant of the viruses. 

On June 15, investment advisory HC Wainwright maintained a Buy rating on Cocrystal Pharma, Inc. (NASDAQ: COCP) stock but lowered the price target to $4 from $4.5, noting that the price target was reduced on recent dilution. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in Cocrystal Pharma, Inc. (NASDAQ: COCP) with 4.2 million shares worth more than $5.9 million.