Pivotal Investment Co. III (NYSE:PICC – Get Rating) shares were up 0.4% on Thursday . The stock traded as high as $10.02 and last traded at $9.99. Approximately 318,725 shares were traded during mid-day trading, an increase of 147% from the average daily volume of 128,933 shares. The stock had previously closed at $9.95.
Pivotal Investment Co. III Stock Up 0.4 %
The company’s fifty day simple moving average is $9.90 and its two-hundred day simple moving average is $9.85.
Institutional Investors Weigh In On Pivotal Investment Co. III
Several large investors have recently made changes to their positions in the stock. Citadel Advisors LLC increased its position in shares of Pivotal Investment Co. III by 0.3% during the third quarter. Citadel Advisors LLC now owns 430,943 shares of the company’s stock worth $4,247,000 after acquiring an additional 1,122 shares in the last quarter. Spartan Fund Management Inc. bought a new stake in shares of Pivotal Investment Co. III during the first quarter worth $33,000. Bank of America Corp DE increased its position in shares of Pivotal Investment Co. III by 7.3% during the first quarter. Bank of America Corp DE now owns 146,391 shares of the company’s stock worth $1,432,000 after acquiring an additional 10,000 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Pivotal Investment Co. III during the third quarter worth $115,000. Finally, Virtu Financial LLC bought a new stake in shares of Pivotal Investment Co. III during the third quarter worth $188,000. Institutional investors own 68.17% of the company’s stock.
Pivotal Investment Co. III Company Profile
Pivotal Investment Corporation III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.
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