Canna-Global Acquisition (NASDAQ:CNGL) Stock Price Up 1.2%

Canna-Global Acquisition Corp (NASDAQ:CNGL) shares rose 1.2% during mid-day trading on Tuesday . The company traded as high as $11.15 and last traded at $11.15. Approximately 2,394 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 13,337 shares. The stock had previously closed at $11.02.

Canna-Global Acquisition Stock Up 1.2 %

The stock has a fifty day moving average price of $11.09 and a 200-day moving average price of $10.96.

Institutional Investors Weigh In On Canna-Global Acquisition

Several hedge funds and other institutional investors have recently made changes to their positions in CNGL. Periscope Capital Inc. boosted its position in shares of Canna-Global Acquisition by 51.1% in the 3rd quarter. Periscope Capital Inc. now owns 223,545 shares of the company’s stock worth $2,414,000 after purchasing an additional 75,631 shares during the last quarter. BCK Capital Management LP bought a new position in Canna-Global Acquisition during the third quarter worth about $258,000. Wolverine Asset Management LLC lifted its holdings in Canna-Global Acquisition by 20.1% during the fourth quarter. Wolverine Asset Management LLC now owns 155,054 shares of the company’s stock worth $1,687,000 after acquiring an additional 26,002 shares in the last quarter. Mizuho Securities USA LLC bought a new position in Canna-Global Acquisition during the fourth quarter worth about $1,690,000. Finally, Crystalline Management Inc. bought a new position in Canna-Global Acquisition during the fourth quarter worth about $546,000. 19.55% of the stock is owned by institutional investors and hedge funds.

Canna-Global Acquisition Company Profile

Canna-Global Acquisition Corp does not have significant operations. It intends to acquire and engage in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all the assets of, entering into contractual arrangements with, or in any other similar business combination with one or more businesses or entities.