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Chavant Capital Acquisition (NASDAQ:CLAYU) Trading 6.1% Higher

Defense World ·  Jan 19, 2023 02:12

Shares of Chavant Capital Acquisition Corp. (NASDAQ:CLAYU – Get Rating) were up 6.1% on Wednesday . The company traded as high as $10.88 and last traded at $10.88. Approximately 228 shares changed hands during trading, a decline of 78% from the average daily volume of 1,055 shares. The stock had previously closed at $10.25.

Chavant Capital Acquisition Price Performance

The stock has a 50-day simple moving average of $10.16 and a 200 day simple moving average of $10.24.

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Institutional Inflows and Outflows

An institutional investor recently bought a new position in Chavant Capital Acquisition stock. Clear Street LLC purchased a new position in shares of Chavant Capital Acquisition Corp. (NASDAQ:CLAYU – Get Rating) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,745 shares of the company's stock, valued at approximately $27,000.

About Chavant Capital Acquisition

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Chavant Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock 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 New York, New York.

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