InterPrivate III Financial Partners (NYSE:IPVF) Trading Down 0.8%

InterPrivate III Financial Partners Inc. (NYSE:IPVFGet Rating)’s stock price dropped 0.8% on Friday . The company traded as low as $9.86 and last traded at $9.86. Approximately 23,842 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 33,697 shares. The stock had previously closed at $9.94.

InterPrivate III Financial Partners Price Performance

The business’s 50-day moving average is $9.81 and its two-hundred day moving average is $9.86.

Hedge Funds Weigh In On InterPrivate III Financial Partners

Hedge funds and other institutional investors have recently bought and sold shares of the company. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in InterPrivate III Financial Partners in the 4th quarter valued at $1,213,000. Union Square Park Capital Management LLC acquired a new stake in InterPrivate III Financial Partners in the fourth quarter valued at $770,000. OLD Mission Capital LLC lifted its holdings in InterPrivate III Financial Partners by 40.4% in the second quarter. OLD Mission Capital LLC now owns 17,813 shares of the company’s stock valued at $175,000 after acquiring an additional 5,130 shares during the period. Hartree Partners LP acquired a new stake in InterPrivate III Financial Partners in the second quarter valued at $5,011,000. Finally, Exos Asset Management LLC lifted its holdings in InterPrivate III Financial Partners by 182.4% in the first quarter. Exos Asset Management LLC now owns 237,602 shares of the company’s stock valued at $2,348,000 after acquiring an additional 153,473 shares during the period. 64.34% of the stock is currently owned by hedge funds and other institutional investors.

InterPrivate III Financial Partners Company Profile

(Get Rating)

InterPrivate III Financial Partners Inc does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. It focuses on the businesses in the financial services industry.

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