XPAC Acquisition Corp. (NASDAQ:XPAXU – Get Rating)’s stock price traded down 0.2% on Wednesday . The stock traded as low as $10.28 and last traded at $10.28. 766 shares changed hands during trading, a decline of 98% from the average session volume of 41,142 shares. The stock had previously closed at $10.30.
XPAC Acquisition Stock Performance
The company has a 50 day simple moving average of $10.24 and a two-hundred day simple moving average of $10.13.
Hedge Funds Weigh In On XPAC Acquisition
Several institutional investors and hedge funds have recently bought and sold shares of the business. UBS Group AG bought a new stake in shares of XPAC Acquisition in the 2nd quarter valued at approximately $34,000. Ergoteles LLC bought a new stake in shares of XPAC Acquisition in the 3rd quarter valued at approximately $98,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of XPAC Acquisition by 88.8% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 50,000 shares of the company’s stock valued at $491,000 after buying an additional 23,522 shares in the last quarter. Glazer Capital LLC grew its stake in shares of XPAC Acquisition by 7,104.4% in the 4th quarter. Glazer Capital LLC now owns 62,750 shares of the company’s stock valued at $629,000 after buying an additional 61,879 shares in the last quarter. Finally, Spartan Fund Management Inc. grew its stake in shares of XPAC Acquisition by 43.8% in the 4th quarter. Spartan Fund Management Inc. now owns 93,071 shares of the company’s stock valued at $933,000 after buying an additional 28,337 shares in the last quarter.
About XPAC Acquisition
XPAC Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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