Skydeck Acquisition (NASDAQ:SKYA) Trading Up 0.1%

Skydeck Acquisition Corp. (NASDAQ:SKYAGet Rating)’s stock price was up 0.1% during mid-day trading on Tuesday . The company traded as high as $10.11 and last traded at $10.11. Approximately 28,876 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 183,540 shares. The stock had previously closed at $10.10.

Skydeck Acquisition Stock Up 0.1 %

The stock’s fifty day moving average is $10.03 and its 200-day moving average is $9.91.

Institutional Investors Weigh In On Skydeck Acquisition

A number of hedge funds have recently bought and sold shares of SKYA. Goldman Sachs Group Inc. raised its position in shares of Skydeck Acquisition by 102.4% during the first quarter. Goldman Sachs Group Inc. now owns 196,910 shares of the company’s stock valued at $1,914,000 after buying an additional 99,600 shares during the last quarter. Radcliffe Capital Management L.P. raised its position in Skydeck Acquisition by 1.0% in the first quarter. Radcliffe Capital Management L.P. now owns 404,100 shares of the company’s stock worth $3,928,000 after purchasing an additional 4,100 shares in the last quarter. Bank of America Corp DE acquired a new position in Skydeck Acquisition in the first quarter worth about $3,888,000. JPMorgan Chase & Co. acquired a new position in Skydeck Acquisition in the second quarter worth about $1,472,000. Finally, Bank of Montreal Can acquired a new position in Skydeck Acquisition in the second quarter worth about $2,297,000. 67.28% of the stock is currently owned by institutional investors.

About Skydeck Acquisition

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Skydeck Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Providence, Rhode Island.

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