Innovative International Acquisition (NASDAQ:IOACU) Trading Up 0.6%

Innovative International Acquisition Corp. (NASDAQ:IOACUGet Rating) shares were up 0.6% during trading on Monday . The stock traded as high as $10.14 and last traded at $10.14. Approximately 232 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 11,214 shares. The stock had previously closed at $10.08.

Innovative International Acquisition Stock Up 0.6 %

The company has a fifty day moving average of $10.08 and a 200 day moving average of $10.07.

Hedge Funds Weigh In On Innovative International Acquisition

Several institutional investors and hedge funds have recently bought and sold shares of IOACU. Bulldog Investors LLP purchased a new position in Innovative International Acquisition during the fourth quarter valued at $1,722,000. Fifth Lane Capital LP purchased a new position in Innovative International Acquisition during the fourth quarter valued at $822,000. Taconic Capital Advisors LP purchased a new position in Innovative International Acquisition during the fourth quarter valued at $8,680,000. Radcliffe Capital Management L.P. purchased a new position in Innovative International Acquisition during the fourth quarter valued at $3,018,000. Finally, LMR Partners LLP purchased a new position in shares of Innovative International Acquisition in the fourth quarter valued at about $2,515,000.

Innovative International Acquisition Company Profile

(Get Rating)

Innovative International Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business transaction with one or more businesses in consumer technology, healthcare, information technology services, and enterprise software as a service.

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