Shares of Venus Acquisition Co. (NASDAQ:VENA – Get Rating) rose 2.1% during mid-day trading on Tuesday . The company traded as high as $10.25 and last traded at $9.90. Approximately 18,007 shares were traded during trading, a decline of 32% from the average daily volume of 26,626 shares. The stock had previously closed at $9.70.
Venus Acquisition Trading Up 2.1 %
The stock’s 50-day moving average is $10.06 and its 200-day moving average is $10.18.
Institutional Investors Weigh In On Venus Acquisition
Several large investors have recently modified their holdings of VENA. Goldman Sachs Group Inc. boosted its stake in Venus Acquisition by 236.8% during the first quarter. Goldman Sachs Group Inc. now owns 51,127 shares of the company’s stock worth $518,000 after acquiring an additional 35,945 shares in the last quarter. Berkley W R Corp increased its holdings in Venus Acquisition by 20.4% during the second quarter. Berkley W R Corp now owns 165,960 shares of the company’s stock worth $1,696,000 after buying an additional 28,146 shares during the last quarter. Periscope Capital Inc. purchased a new position in shares of Venus Acquisition in the third quarter worth about $2,070,000. Finally, Graham Capital Wealth Management LLC increased its stake in shares of Venus Acquisition by 546.1% in the first quarter. Graham Capital Wealth Management LLC now owns 264,352 shares of the company’s stock worth $2,681,000 after purchasing an additional 223,440 shares in the last quarter. 67.03% of the stock is currently owned by institutional investors and hedge funds.
About Venus Acquisition
Venus Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, and business combination with one or more businesses. It intends to focus on businesses in the Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors in Asian market.
- Get a free copy of the StockNews.com research report on Venus Acquisition (VENA)
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