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Digital Health Acquisition (NASDAQ:DHACU) Trading Down 3.7%

Defense World ·  Dec 29, 2022 02:11

Digital Health Acquisition Corp. (NASDAQ:DHACU – Get Rating) shares were down 3.7% during trading on Wednesday . The company traded as low as $10.23 and last traded at $10.23. Approximately 100 shares were traded during trading, a decline of 97% from the average daily volume of 3,498 shares. The stock had previously closed at $10.62.

Digital Health Acquisition Trading Down 3.7 %

The stock has a 50-day simple moving average of $10.61 and a 200 day simple moving average of $10.34.

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Institutional Trading of Digital Health Acquisition

A hedge fund recently raised its stake in Digital Health Acquisition stock. Wolverine Asset Management LLC grew its stake in Digital Health Acquisition Corp. (NASDAQ:DHACU – Get Rating) by 947.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,236 shares of the company's stock after acquiring an additional 4,736 shares during the quarter. Wolverine Asset Management LLC's holdings in Digital Health Acquisition were worth $52,000 at the end of the most recent quarter.

About Digital Health Acquisition

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Digital Health Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on technology and healthcare focused businesses.

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