Parallax Volatility Advisers L.P. acquired a new position in shares of 7 Acquisition Co. (NASDAQ:SVNA – Get Rating) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,751 shares of the company’s stock, valued at approximately $139,000.
Other institutional investors have also made changes to their positions in the company. Royal Bank of Canada bought a new position in 7 Acquisition during the first quarter worth about $48,000. Whitebox Advisors LLC bought a new position in 7 Acquisition during the third quarter worth about $202,000. Sona Asset Management US LLC bought a new position in 7 Acquisition during the first quarter worth about $298,000. Prelude Capital Management LLC bought a new position in 7 Acquisition during the first quarter worth about $309,000. Finally, Walleye Trading LLC bought a new position in 7 Acquisition during the first quarter worth about $357,000. 68.32% of the stock is owned by institutional investors and hedge funds.
7 Acquisition Stock Performance
SVNA stock opened at $10.42 on Tuesday. The business’s 50-day moving average price is $10.35 and its two-hundred day moving average price is $10.21. 7 Acquisition Co. has a 1-year low of $9.90 and a 1-year high of $10.68.
7 Acquisition Profile
7 Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Stamford, Connecticut.
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