COVA Acquisition Corp. (OTCMKTS:COVAU – Get Free Report) shares were down 1.4% during mid-day trading on Tuesday . The company traded as low as $10.50 and last traded at $10.50. Approximately 4,200 shares traded hands during trading, a decline of 73% from the average daily volume of 15,482 shares. The stock had previously closed at $10.65.
COVA Acquisition Stock Performance
The business has a 50-day moving average price of $10.50 and a 200-day moving average price of $10.50.
Institutional Investors Weigh In On COVA Acquisition
A hedge fund recently raised its stake in COVA Acquisition stock. Jane Street Group LLC raised its holdings in COVA Acquisition Corp. (OTCMKTS:COVAU – Free Report) by 26.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 51,446 shares of the company’s stock after buying an additional 10,693 shares during the quarter. Jane Street Group LLC’s holdings in COVA Acquisition were worth $512,000 at the end of the most recent reporting period.
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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