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Portage Fintech Acquisition (NASDAQ:PFTAU) Stock Price Up 0.2%

Defense World ·  Apr 14, 2023 02:23

Shares of Portage Fintech Acquisition Co. (NASDAQ:PFTAU – Get Rating) were up 0.2% during mid-day trading on Thursday . The stock traded as high as $10.25 and last traded at $10.25. Approximately 123 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 12,355 shares. The stock had previously closed at $10.23.

Portage Fintech Acquisition Price Performance

The firm has a 50-day moving average of $10.20 and a 200-day moving average of $10.07.

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Hedge Funds Weigh In On Portage Fintech Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the company. Glazer Capital LLC increased its stake in Portage Fintech Acquisition by 184.0% in the 4th quarter. Glazer Capital LLC now owns 25,765 shares of the company's stock worth $259,000 after buying an additional 16,693 shares in the last quarter. Clear Street LLC lifted its stake in Portage Fintech Acquisition by 1,873.7% in the fourth quarter. Clear Street LLC now owns 4,500 shares of the company's stock worth $45,000 after purchasing an additional 4,272 shares during the last quarter. Gritstone Asset Management LLC bought a new stake in Portage Fintech Acquisition in the fourth quarter worth about $1,246,000. Finally, Royal Bank of Canada bought a new stake in shares of Portage Fintech Acquisition during the third quarter valued at approximately $79,000.

About Portage Fintech Acquisition

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Portage Fintech Acquisition Corporation intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial technology or financial services ecosystem. The company was incorporated in 2021 and is based in New York, New York.

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