Periscope Capital Inc. lessened its holdings in Murphy Canyon Acquisition Corp. (NASDAQ:MURF – Free Report) by 50.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 100,000 shares of the company’s stock after selling 101,300 shares during the quarter. Periscope Capital Inc.’s holdings in Murphy Canyon Acquisition were worth $1,052,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. UBS Group AG bought a new stake in shares of Murphy Canyon Acquisition during the 4th quarter worth $26,000. Centiva Capital LP acquired a new position in Murphy Canyon Acquisition during the second quarter worth about $106,000. Cowen AND Company LLC bought a new position in shares of Murphy Canyon Acquisition in the first quarter worth about $229,000. Elequin Securities LLC acquired a new stake in shares of Murphy Canyon Acquisition in the 4th quarter valued at approximately $683,000. Finally, Deutsche Bank AG bought a new stake in shares of Murphy Canyon Acquisition during the 4th quarter valued at approximately $902,000. Institutional investors own 25.34% of the company’s stock.
Murphy Canyon Acquisition Stock Performance
MURF stock opened at $10.78 on Friday. The company has a 50 day simple moving average of $10.77 and a 200 day simple moving average of $10.59. Murphy Canyon Acquisition Corp. has a 1 year low of $10.02 and a 1 year high of $11.19.
Murphy Canyon Acquisition Company Profile
Murphy Canyon Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, and adjacent businesses and technologies targeting the real estate space.
See Also
- Five stocks we like better than Murphy Canyon Acquisition
- Investing in Blue-Chip Stocks
- What More Does Chewy Have to Do to Impress Investors?
- What Are Defense Contractor Stocks? How to Invest in Defense
- These 3 Wood Stocks are about to go on Discount
- Most Active Stocks: Dollar Volume vs Share Volume
- Same Coin, Different Sides: 2 Observability Stocks Reverse Ways
Want to see what other hedge funds are holding MURF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Murphy Canyon Acquisition Corp. (NASDAQ:MURF – Free Report).
Receive News & Ratings for Murphy Canyon Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murphy Canyon Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
