Iris Acquisition (NASDAQ:IRAA) Trading 0.1% Higher

Iris Acquisition Corp (NASDAQ:IRAA)’s share price traded up 0.1% during mid-day trading on Wednesday . The stock traded as high as $10.63 and last traded at $10.63. 100 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 2,065 shares. The stock had previously closed at $10.62.

Iris Acquisition Stock Up 0.1 %

The firm’s fifty day simple moving average is $10.58 and its 200-day simple moving average is $10.42.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Iris Acquisition stock. Clear Street LLC lifted its stake in Iris Acquisition Corp (NASDAQ:IRAA) by 3,491.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,940 shares of the company’s stock after acquiring an additional 38,828 shares during the quarter. Clear Street LLC owned 0.55% of Iris Acquisition worth $413,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 2.92% of the company’s stock.

Iris Acquisition Company Profile

Iris 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. The company was formerly known as Tribe Capital Growth Corp I and changed its name to Iris Acquisition Corp in July 2022.