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Embrace Change Acquisition (NASDAQ:EMCGU) Stock Price Up 0.9%

Defense World ·  Apr 19, 2023 02:34

Embrace Change Acquisition Corp. (NASDAQ:EMCGU – Get Rating)'s stock price rose 0.9% during mid-day trading on Tuesday . The company traded as high as $10.45 and last traded at $10.45. Approximately 1,000 shares changed hands during trading, an increase of 110% from the average daily volume of 476 shares. The stock had previously closed at $10.36.

Embrace Change Acquisition Price Performance

The firm has a 50 day moving average of $10.47 and a 200-day moving average of $10.33.

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Institutional Investors Weigh In On Embrace Change Acquisition

Several institutional investors have recently made changes to their positions in EMCGU. Wealthspring Capital LLC bought a new stake in shares of Embrace Change Acquisition in the third quarter valued at approximately $1,666,000. Sage Mountain Advisors LLC acquired a new position in Embrace Change Acquisition during the third quarter valued at approximately $106,000. Clear Street LLC acquired a new position in Embrace Change Acquisition during the third quarter valued at approximately $322,000. Schechter Investment Advisors LLC acquired a new position in Embrace Change Acquisition during the third quarter valued at approximately $1,528,000. Finally, Warberg Asset Management LLC acquired a new position in Embrace Change Acquisition during the third quarter valued at approximately $127,000.

Embrace Change Acquisition Company Profile

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Embrace Change Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to pursue prospective targets that are in the technology, internet, and consumer sectors.

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