Fifth Wall Acquisition Corp. III (NASDAQ:FWAC – Get Free Report)’s share price was down 2.9% during mid-day trading on Friday . The company traded as low as $5.65 and last traded at $5.65. Approximately 35,272 shares traded hands during trading, a decline of 66% from the average daily volume of 103,540 shares. The stock had previously closed at $5.82.
Fifth Wall Acquisition Corp. III Price Performance
The company’s 50-day simple moving average is $9.47 and its 200 day simple moving average is $10.13.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Aristeia Capital LLC increased its stake in Fifth Wall Acquisition Corp. III by 2,186.6% in the 4th quarter. Aristeia Capital LLC now owns 2,286,600 shares of the company’s stock valued at $22,957,000 after buying an additional 2,186,600 shares during the period. Glazer Capital LLC raised its holdings in Fifth Wall Acquisition Corp. III by 168.1% during the first quarter. Glazer Capital LLC now owns 2,076,433 shares of the company’s stock worth $21,180,000 after purchasing an additional 1,302,052 shares in the last quarter. First Trust Capital Management L.P. lifted its position in Fifth Wall Acquisition Corp. III by 250.7% in the fourth quarter. First Trust Capital Management L.P. now owns 1,402,800 shares of the company’s stock valued at $14,084,000 after purchasing an additional 1,002,800 shares during the period. BNP Paribas Arbitrage SNC acquired a new position in Fifth Wall Acquisition Corp. III during the 3rd quarter worth approximately $11,316,000. Finally, Millennium Management LLC raised its stake in shares of Fifth Wall Acquisition Corp. III by 0.5% during the 2nd quarter. Millennium Management LLC now owns 738,792 shares of the company’s stock worth $7,188,000 after buying an additional 3,889 shares in the last quarter. 94.66% of the stock is owned by institutional investors and hedge funds.
About Fifth Wall Acquisition Corp. III
Fifth Wall Acquisition Corp. III does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire business in the real estate industry.
Featured Articles
- Five stocks we like better than Fifth Wall Acquisition Corp. III
- Most Volatile Stocks, What Investors Need to Know
- 5 Reasons Apple’s New Phone Moves the Needle: 5 That It Won’t
- Investing In Preferred Stock vs. Common Stock
- MarketBeat Week in Review – 9/11 – 9/15
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- China’s Jump In Car Sales Is Drawing Big Money To These Stocks
Receive News & Ratings for Fifth Wall Acquisition Corp. III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Wall Acquisition Corp. III and related companies with MarketBeat.com's FREE daily email newsletter.
