COVA Acquisition Corp. (OTCMKTS:COVAU – Get Rating)’s stock price was down 0.2% on Thursday . The company traded as low as $10.03 and last traded at $10.04. Approximately 5,352 shares traded hands during trading, a decline of 67% from the average daily volume of 16,404 shares. The stock had previously closed at $10.06.
COVA Acquisition Stock Performance
The business’s 50-day moving average is $9.98 and its two-hundred day moving average is $9.92.
Institutional Investors Weigh In On COVA Acquisition
A number of institutional investors have recently modified their holdings of the business. Jane Street Group LLC grew its position in shares of COVA Acquisition by 26.2% during the 3rd quarter. Jane Street Group LLC now owns 51,446 shares of the company’s stock valued at $512,000 after buying an additional 10,693 shares during the last quarter. Clear Street LLC grew its position in shares of COVA Acquisition by 5,314.1% during the 3rd quarter. Clear Street LLC now owns 11,911 shares of the company’s stock valued at $118,000 after buying an additional 11,691 shares during the last quarter. Glazer Capital LLC bought a new position in COVA Acquisition in the 1st quarter worth about $66,000. Finally, Wolverine Asset Management LLC bought a new position in COVA Acquisition in the 1st quarter worth about $73,000.
COVA Acquisition Company Profile
COVA Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the technology industry in Southeast Asia or the United States.
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