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Relativity Acquisition (NASDAQ:RACYU) Trading Down 0.1%

Defense World ·  2023/05/03 02:43

Relativity Acquisition Corp. (NASDAQ:RACYU – Get Rating) traded down 0.1% during mid-day trading on Tuesday . The stock traded as low as $12.65 and last traded at $12.99. 900 shares traded hands during trading, a decline of 91% from the average session volume of 9,971 shares. The stock had previously closed at $13.00.

Relativity Acquisition Trading Down 0.1 %

The business's 50 day simple moving average is $12.99 and its 200 day simple moving average is $12.00.

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Hedge Funds Weigh In On Relativity Acquisition

Several hedge funds have recently modified their holdings of the stock. Clear Street LLC purchased a new position in shares of Relativity Acquisition during the third quarter valued at about $64,000. Goldman Sachs Group Inc. purchased a new stake in shares of Relativity Acquisition during the 1st quarter worth approximately $1,003,000. Rivernorth Capital Management LLC purchased a new stake in shares of Relativity Acquisition during the 1st quarter worth approximately $1,511,000. Radcliffe Capital Management L.P. purchased a new position in shares of Relativity Acquisition in the first quarter valued at $2,453,000. Finally, Polar Asset Management Partners Inc. bought a new stake in Relativity Acquisition in the first quarter worth $5,035,000.

Relativity Acquisition Company Profile

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Relativity Acquisition Corp. does not have significant operations. It focuses on effecting a capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in Las Vegas, Nevada.

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