Maxpro Capital Acquisition (NASDAQ:JMAC) Stock Price Down 10.6%

Maxpro Capital Acquisition Corp. (NASDAQ:JMACGet Free Report) shares were down 10.6% during trading on Friday . The stock traded as low as $0.74 and last traded at $0.76. Approximately 3,336,426 shares traded hands during mid-day trading, an increase of 4,406% from the average daily volume of 74,040 shares. The stock had previously closed at $0.85.

Maxpro Capital Acquisition Price Performance

The stock has a fifty day moving average price of $3.12 and a two-hundred day moving average price of $4.56.

Institutional Trading of Maxpro Capital Acquisition

A number of institutional investors and hedge funds have recently modified their holdings of JMAC. Centiva Capital LP acquired a new position in shares of Maxpro Capital Acquisition in the 2nd quarter valued at about $129,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Maxpro Capital Acquisition during the 2nd quarter worth approximately $134,000. Goldman Sachs Group Inc. lifted its holdings in shares of Maxpro Capital Acquisition by 59.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 21,988 shares of the company’s stock worth $220,000 after purchasing an additional 8,189 shares during the last quarter. Finally, Millennium Management LLC bought a new stake in Maxpro Capital Acquisition in the second quarter valued at $1,942,000. 73.18% of the stock is owned by institutional investors and hedge funds.

Maxpro Capital Acquisition Company Profile

(Get Free Report)

Maxpro Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Taipei City, Taiwan.

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