Shares of MELI Kaszek Pioneer Corp (NASDAQ:MEKA – Get Rating) rose 0.2% during trading on Tuesday . The stock traded as high as $10.12 and last traded at $10.12. Approximately 4,076 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 82,052 shares. The stock had previously closed at $10.10.

MELI Kaszek Pioneer Price Performance

The firm has a 50-day moving average of $9.99 and a 200 day moving average of $9.95.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Walleye Trading LLC raised its holdings in shares of MELI Kaszek Pioneer by 17.6% in the second quarter. Walleye Trading LLC now owns 52,122 shares of the company's stock valued at $516,000 after buying an additional 7,812 shares during the last quarter. Walleye Capital LLC raised its holdings in shares of MELI Kaszek Pioneer by 17.6% in the second quarter. Walleye Capital LLC now owns 92,661 shares of the company's stock valued at $917,000 after buying an additional 13,888 shares during the last quarter. Marshall Wace LLP increased its position in MELI Kaszek Pioneer by 7.3% in the third quarter. Marshall Wace LLP now owns 432,750 shares of the company's stock worth $4,271,000 after purchasing an additional 29,300 shares during the period. JPMorgan Chase & Co. increased its position in MELI Kaszek Pioneer by 226.4% in the second quarter. JPMorgan Chase & Co. now owns 371,086 shares of the company's stock worth $3,674,000 after purchasing an additional 257,386 shares during the period. Finally, Radcliffe Capital Management L.P. acquired a new stake in MELI Kaszek Pioneer in the first quarter worth about $510,000. 57.19% of the stock is owned by institutional investors.

About MELI Kaszek Pioneer

MELI Kaszek Pioneer Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Miami, Florida.

Further Reading

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