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A SPAC I Acquisition (NASDAQ:ASCAU) Stock Price Up 0.7%

Defense World ·  Apr 14, 2023 02:32

A SPAC I Acquisition Corp. (NASDAQ:ASCAU – Get Rating)'s stock price rose 0.7% during trading on Thursday . The stock traded as high as $11.18 and last traded at $11.18. Approximately 101 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 2,359 shares. The stock had previously closed at $11.11.

A SPAC I Acquisition Price Performance

The business's 50-day moving average is $10.68 and its 200 day moving average is $10.37.

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Hedge Funds Weigh In On A SPAC I Acquisition

Hedge funds have recently bought and sold shares of the business. Clear Street LLC raised its position in A SPAC I Acquisition by 3,120.2% during the third quarter. Clear Street LLC now owns 3,349 shares of the company's stock valued at $34,000 after acquiring an additional 3,245 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of A SPAC I Acquisition in the 1st quarter valued at about $641,000. Walleye Trading LLC acquired a new stake in A SPAC I Acquisition during the 1st quarter worth approximately $360,000. Polar Asset Management Partners Inc. acquired a new stake in A SPAC I Acquisition during the 1st quarter worth approximately $4,254,000. Finally, Rivernorth Capital Management LLC acquired a new stake in shares of A SPAC I Acquisition in the 1st quarter valued at approximately $2,322,000.

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.

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