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Fat Projects Acquisition (NASDAQ:FATPU) Trading 0.6% Higher

Defense World ·  Jan 11, 2023 02:23

Fat Projects Acquisition Corp (NASDAQ:FATPU – Get Rating)'s stock price rose 0.6% during trading on Tuesday . The stock traded as high as $10.34 and last traded at $10.21. Approximately 12,551 shares were traded during trading, an increase of 170% from the average daily volume of 4,650 shares. The stock had previously closed at $10.15.

Fat Projects Acquisition Price Performance

The business has a 50-day moving average price of $10.09 and a two-hundred day moving average price of $10.02.

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Hedge Funds Weigh In On Fat Projects Acquisition

An institutional investor recently raised its position in Fat Projects Acquisition stock. Clear Street LLC grew its holdings in shares of Fat Projects Acquisition Corp (NASDAQ:FATPU – Get Rating) by 243.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,611 shares of the company's stock after buying an additional 3,270 shares during the quarter. Clear Street LLC's holdings in Fat Projects Acquisition were worth $46,000 at the end of the most recent quarter.

About Fat Projects Acquisition

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Fat Projects Acquisition Corp does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of the supply chain, transportation, logistics, finance, sustainability/ESG, food, agriculture, e-commerce, and big data and/or monetization areas in Southeast Asia.

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