Colicity (OTCMKTS:COLIU) Trading Down 0%

Colicity Inc. (OTCMKTS:COLIU – Get Rating) shares traded down 0% during mid-day trading on Friday . The stock traded as low as $10.05 and last traded at $10.06. 3,100 shares were traded during trading, a decline of 79% from the average session volume of 15,108 shares. The stock had previously closed at $10.06.

Colicity Price Performance

The firm has a 50 day simple moving average of $10.06 and a 200-day simple moving average of $10.04.

Institutional Investors Weigh In On Colicity

A number of large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC lifted its stake in Colicity by 103.8% during the third quarter. Jane Street Group LLC now owns 415,505 shares of the company’s stock worth $4,089,000 after purchasing an additional 211,584 shares during the last quarter. Ergoteles LLC bought a new position in Colicity during the 3rd quarter worth $130,000. Condor Capital Management raised its position in Colicity by 32.2% during the 3rd quarter. Condor Capital Management now owns 16,447 shares of the company’s stock worth $162,000 after purchasing an additional 4,002 shares during the last quarter. Schechter Investment Advisors LLC raised its position in Colicity by 24.3% during the 3rd quarter. Schechter Investment Advisors LLC now owns 279,119 shares of the company’s stock worth $2,747,000 after purchasing an additional 54,492 shares during the last quarter. Finally, Landscape Capital Management L.L.C. raised its position in Colicity by 102.3% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 21,768 shares of the company’s stock worth $214,000 after purchasing an additional 11,006 shares during the last quarter.

About Colicity

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Colicity Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on identifying a prospective target business in the technology, media, and telecommunications industries in the United States and other developed countries.