Shares of TB SA Acquisition Corp (NASDAQ:TBSA – Get Rating) were down 0.2% during trading on Tuesday . The company traded as low as $9.76 and last traded at $9.77. Approximately 132,617 shares changed hands during mid-day trading, an increase of 146% from the average daily volume of 53,887 shares. The stock had previously closed at $9.79.
The stock has a 50 day simple moving average of $9.79 and a 200 day simple moving average of $9.76.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of TB SA Acquisition by 67,189.2% during the first quarter. Bank of America Corp DE now owns 600,893 shares of the company’s stock valued at $5,877,000 after buying an additional 600,000 shares during the last quarter. Nomura Holdings Inc. raised its holdings in shares of TB SA Acquisition by 7.6% during the first quarter. Nomura Holdings Inc. now owns 430,359 shares of the company’s stock valued at $4,209,000 after buying an additional 30,359 shares during the last quarter. Robinson Capital Management LLC raised its holdings in TB SA Acquisition by 57.4% during the first quarter. Robinson Capital Management LLC now owns 24,673 shares of the company’s stock worth $241,000 after purchasing an additional 9,000 shares in the last quarter. Glazer Capital LLC raised its holdings in TB SA Acquisition by 11,638.4% during the first quarter. Glazer Capital LLC now owns 118,206 shares of the company’s stock worth $1,156,000 after purchasing an additional 117,199 shares in the last quarter. Finally, Radcliffe Capital Management L.P. bought a new stake in TB SA Acquisition during the first quarter worth approximately $1,326,000. 60.32% of the stock is currently owned by institutional investors.
TB SA Acquisition Corp does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses or entities. It intends to identify African companies that promote environmental, social and governance, ESG, and principles.
- Get a free copy of the StockNews.com research report on TB SA Acquisition (TBSA)
- Should Silver Stocks Be A Part Of Your Portfolio?
- ABM Industries, A Clean Play For Dirty Economic Times
- This Still Isn’t A Buyable Bottom For Stocks
- Two Defensive Stocks To Get Aggressive With
- Dividend-Paying Midstream Oil Companies That Could Help You The Mitigate Market Volatility
Receive News & Ratings for TB SA Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TB SA Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.