Avalon Acquisition (NASDAQ:AVACU) Trading Up 0.7%

Shares of Avalon Acquisition Inc. (NASDAQ:AVACUGet Rating) were up 0.7% during mid-day trading on Wednesday . The company traded as high as $10.17 and last traded at $10.17. Approximately 5,460 shares changed hands during trading, an increase of 94% from the average daily volume of 2,818 shares. The stock had previously closed at $10.10.

Avalon Acquisition Trading Up 0.7 %

The stock’s 50-day moving average is $10.08 and its 200-day moving average is $10.07.

Institutional Investors Weigh In On Avalon Acquisition

Institutional investors have recently added to or reduced their stakes in the business. Cruiser Capital Advisors LLC bought a new position in Avalon Acquisition during the fourth quarter worth $51,000. Clear Street LLC acquired a new position in shares of Avalon Acquisition in the 1st quarter valued at about $116,000. Cubist Systematic Strategies LLC bought a new stake in shares of Avalon Acquisition during the 2nd quarter valued at about $208,000. Finally, EHP Funds Inc. acquired a new stake in Avalon Acquisition during the first quarter worth approximately $254,000.

Avalon Acquisition Company Profile

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Avalon Acquisition Inc 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 in the financial services and financial technologies industries. The company was incorporated in 2020 and is based in San Francisco, California.

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