Skydeck Acquisition (NASDAQ:SKYA) Trading Up 0.1%

Shares of Skydeck Acquisition Corp. (NASDAQ:SKYA – Get Rating) were up 0.1% on Tuesday . The company traded as high as $10.11 and last traded at $10.11. Approximately 28,876 shares traded hands during trading, a decline of 84% from the average daily volume of 183,540 shares. The stock had previously closed at $10.10.

Skydeck Acquisition Stock Performance

The business has a 50-day moving average of $10.03 and a two-hundred day moving average of $9.91.

Institutional Investors Weigh In On Skydeck Acquisition

Several institutional investors have recently added to or reduced their stakes in the business. CSS LLC IL purchased a new position in shares of Skydeck Acquisition in the second quarter worth about $425,000. Royal Bank of Canada purchased a new position in Skydeck Acquisition during the third quarter valued at approximately $480,000. Parallax Volatility Advisers L.P. purchased a new position in Skydeck Acquisition during the second quarter valued at approximately $760,000. Glazer Capital LLC raised its position in Skydeck Acquisition by 14.2% during the third quarter. Glazer Capital LLC now owns 82,488 shares of the company’s stock valued at $811,000 after acquiring an additional 10,269 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in Skydeck Acquisition during the second quarter valued at approximately $1,472,000. Institutional investors and hedge funds own 67.28% of the company’s stock.

About Skydeck Acquisition

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Skydeck Acquisition Corp. 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 2021 and is based in Providence, Rhode Island.