Shares of A SPAC I Acquisition Corp. (NASDAQ:ASCAU – Get Rating) were up 8.6% during mid-day trading on Tuesday . The company traded as high as $13.34 and last traded at $11.10. Approximately 23,306 shares were traded during mid-day trading, an increase of 214% from the average daily volume of 7,417 shares. The stock had previously closed at $10.23.
A SPAC I Acquisition Price Performance
The firm has a 50 day moving average price of $10.19 and a 200-day moving average price of $10.12.
Get A SPAC I Acquisition alerts:Institutional Investors Weigh In On A SPAC I Acquisition
A number of large investors have recently modified their holdings of the company. Walleye Capital LLC purchased a new stake in shares of A SPAC I Acquisition during the 1st quarter worth $641,000. Cohanzick Management LLC purchased a new stake in A SPAC I Acquisition during the 1st quarter worth about $1,268,000. Polar Asset Management Partners Inc. acquired a new position in shares of A SPAC I Acquisition during the 1st quarter worth about $4,254,000. Rivernorth Capital Management LLC acquired a new position in shares of A SPAC I Acquisition during the 1st quarter worth about $2,322,000. Finally, Basso Capital Management L.P. purchased a new position in shares of A SPAC I Acquisition in the 1st quarter valued at about $1,001,000.
A SPAC I Acquisition Company Profile
(Get Rating)A SPAC I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology, media, and telecom industries in the United States and Asia.
Further Reading
- Get a free copy of the StockNews.com research report on A SPAC I Acquisition (ASCAU)
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