Shares of A SPAC I Acquisition Corp. (NASDAQ:ASCAU – Get Rating) were up 3.4% during mid-day trading on Wednesday . The company traded as high as $11.54 and last traded at $10.84. Approximately 3,511 shares changed hands during trading, an increase of 32% from the average daily volume of 2,665 shares. The stock had previously closed at $10.48.
A SPAC I Acquisition Stock Up 3.4 %
The company has a fifty day moving average price of $10.45 and a two-hundred day moving average price of $10.26.
Get A SPAC I Acquisition alerts:Hedge Funds Weigh In On A SPAC I Acquisition
A number of hedge funds and other institutional investors have recently bought and sold shares of ASCAU. Basso Capital Management L.P. acquired a new stake in A SPAC I Acquisition during the first quarter worth approximately $1,001,000. Prelude Capital Management LLC acquired a new stake in A SPAC I Acquisition during the first quarter worth approximately $400,000. Rivernorth Capital Management LLC acquired a new stake in A SPAC I Acquisition during the first quarter worth approximately $2,322,000. Polar Asset Management Partners Inc. acquired a new stake in A SPAC I Acquisition during the first quarter worth approximately $4,254,000. Finally, Walleye Trading LLC acquired a new stake in A SPAC I Acquisition during the first quarter worth approximately $360,000.
About A SPAC I Acquisition
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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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