Genesis Unicorn Capital Corp. (NASDAQ:GENQ – Get Rating) rose 0.3% on Wednesday . The stock traded as high as $10.36 and last traded at $10.36. Approximately 16,914 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 18,309 shares. The stock had previously closed at $10.33.

Genesis Unicorn Capital Stock Up 0.3 %

The company has a fifty day moving average price of $10.16 and a two-hundred day moving average price of $10.05.

Hedge Funds Weigh In On Genesis Unicorn Capital

Several hedge funds have recently modified their holdings of the stock. Saba Capital Management L.P. grew its holdings in shares of Genesis Unicorn Capital by 26.3% in the 3rd quarter. Saba Capital Management L.P. now owns 120,000 shares of the company's stock valued at $1,201,000 after acquiring an additional 25,000 shares in the last quarter. Polar Asset Management Partners Inc. bought a new position in Genesis Unicorn Capital during the third quarter worth about $745,000. Shaolin Capital Management LLC bought a new position in Genesis Unicorn Capital during the third quarter worth about $2,468,000. Cubist Systematic Strategies LLC grew its holdings in Genesis Unicorn Capital by 6.5% during the third quarter. Cubist Systematic Strategies LLC now owns 139,924 shares of the company's stock worth $1,395,000 after purchasing an additional 8,508 shares during the period. Finally, Centiva Capital LP bought a new position in Genesis Unicorn Capital during the third quarter worth about $1,880,000. Institutional investors own 69.16% of the company's stock.

Genesis Unicorn Capital Company Profile

Genesis Unicorn Capital Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in biotech and pharmaceutical-focused companies, businesses, or assets.

See Also

• Get a free copy of the StockNews.com research report on Genesis Unicorn Capital (GENQ)
• AMD Is Still One Of The Best Semiconductor Stocks Out There
• Two Dividend Kings: Johnson & Johnson or Abbott Laboratories?
• Is The Bottom In For Cyber-Security Stocks?
• Union Pacific, Norfolk Southern Pull into Buying Zone
• Pliant Therapeutics Gaps 34% Higher: More Upside To Come?

Receive News & Ratings for Genesis Unicorn Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genesis Unicorn Capital and related companies with MarketBeat.com's FREE daily email newsletter.