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Tio Tech A (NASDAQ:TIOA) Shares Down 0.1%

Defense World ·  Aug 25, 2022 01:51

Tio Tech A (NASDAQ:TIOA – Get Rating)'s stock price fell 0.1% during trading on Wednesday . The stock traded as low as $9.83 and last traded at $9.83. 284,655 shares traded hands during mid-day trading, an increase of 506% from the average session volume of 46,963 shares. The stock had previously closed at $9.84.

Tio Tech A Trading Down 0.1 %

The business's fifty day simple moving average is $9.80 and its two-hundred day simple moving average is $9.77.

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Institutional Investors Weigh In On Tio Tech A

A number of institutional investors and hedge funds have recently modified their holdings of TIOA. Centiva Capital LP increased its position in Tio Tech A by 2.0% during the second quarter. Centiva Capital LP now owns 382,332 shares of the company's stock worth $3,735,000 after purchasing an additional 7,332 shares during the last quarter. Parallax Volatility Advisers L.P. acquired a new position in shares of Tio Tech A in the 2nd quarter worth approximately $616,000. Millennium Management LLC lifted its holdings in Tio Tech A by 178.5% in the second quarter. Millennium Management LLC now owns 484,353 shares of the company's stock worth $4,732,000 after acquiring an additional 310,443 shares during the last quarter. Sculptor Capital LP boosted its stake in Tio Tech A by 82.0% during the 2nd quarter. Sculptor Capital LP now owns 422,279 shares of the company's stock valued at $4,126,000 after purchasing an additional 190,196 shares during the period. Finally, Bank of America Corp DE bought a new position in shares of Tio Tech A in the first quarter worth $2,940,000. Institutional investors and hedge funds own 46.79% of the company's stock.

Tio Tech A Company Profile

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Tio Tech A does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Berlin, Germany.

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