Cibc World Market Inc. Invests $442.78 Million in Sentient Brands Holdings Inc. $SNBH

Cibc World Market Inc. acquired a new stake in shares of Sentient Brands Holdings Inc. (OTCMKTS:SNBH) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,106,449 shares of the company’s stock, valued at approximately $442,779,000.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Sentient Brands during the second quarter valued at $1,104,238,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Sentient Brands in the 2nd quarter worth about $143,317,000. Bank of Nova Scotia purchased a new stake in Sentient Brands during the 2nd quarter valued at about $73,854,000. Alberta Investment Management Corp purchased a new stake in Sentient Brands during the 2nd quarter valued at about $62,977,000. Finally, Deutsche Bank AG bought a new stake in Sentient Brands during the 2nd quarter valued at about $46,251,000.

Sentient Brands Stock Performance

Shares of OTCMKTS SNBH opened at $0.35 on Monday. The firm’s 50 day moving average price is $0.32 and its 200-day moving average price is $0.18. Sentient Brands Holdings Inc. has a 52-week low of $0.02 and a 52-week high of $2.82.

Sentient Brands Company Profile

Sentient Brands Holdings Inc, a product development and brand management company, builds innovative brands in the luxury and premium market space. It offers CBD luxury skin care and lifestyle products, such as purifying exfoliator, replenishing facial oil, ultra-nourishing face cream, and revitalizing eye cream under the Oeuvre brand through direct-to consumer online e-commerce platform and wholesale partners. The company was formerly known as Intelligent Buying, Inc and changed its name to Sentient Brands Holdings Inc in March 2021.