Digital World Acquisition (NASDAQ:DWACU) Trading 2.5% Higher

Digital World Acquisition Corp. (NASDAQ:DWACUGet Rating)’s share price traded up 2.5% on Friday . The stock traded as high as $18.99 and last traded at $18.66. 1,154 shares were traded during mid-day trading, an increase of 10% from the average session volume of 1,045 shares. The stock had previously closed at $18.21.

Digital World Acquisition Price Performance

The company has a fifty day moving average price of $21.59 and a two-hundred day moving average price of $24.94.

Institutional Trading of Digital World Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in DWACU. Citigroup Inc. purchased a new stake in Digital World Acquisition during the 1st quarter valued at approximately $32,000. Tower Research Capital LLC TRC raised its stake in Digital World Acquisition by 124.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,233 shares of the company’s stock valued at $42,000 after acquiring an additional 1,238 shares during the last quarter. Finally, UBS Group AG raised its stake in Digital World Acquisition by 641.3% during the 1st quarter. UBS Group AG now owns 556 shares of the company’s stock valued at $42,000 after acquiring an additional 481 shares during the last quarter.

Digital World Acquisition Company Profile

(Get Rating)

Digital World 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. It intends to identify on technology-focused companies in the SaaS and technology, or fintech and financial services sector in the Americas.

Further Reading

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