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Nubia Brand International (NASDAQ:NUBIU) Trading Up 6%

Defense World ·  Jan 3, 2023 02:31

Nubia Brand International Corp. (NASDAQ:NUBIU – Get Rating)'s stock price was up 6% on Monday . The stock traded as high as $10.76 and last traded at $10.76. Approximately 100 shares traded hands during trading, a decline of 100% from the average daily volume of 28,387 shares. The stock had previously closed at $10.15.

Nubia Brand International Stock Up 6.0 %

The business has a fifty day moving average price of $10.15 and a two-hundred day moving average price of $10.10.

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Hedge Funds Weigh In On Nubia Brand International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp bought a new position in Nubia Brand International during the second quarter valued at approximately $123,000. Ergoteles LLC bought a new position in Nubia Brand International during the first quarter valued at approximately $120,000. Virtu Financial LLC bought a new position in Nubia Brand International during the first quarter valued at approximately $237,000. Spring Creek Capital LLC bought a new position in shares of Nubia Brand International in the first quarter valued at approximately $639,000. Finally, Spartan Fund Management Inc. bought a new position in shares of Nubia Brand International in the first quarter valued at approximately $1,250,000.

Nubia Brand International Company Profile

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Nubia Brand International Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify, acquire, and build a business operating in the wireless telecommunications sphere.

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