Portage Fintech Acquisition (NASDAQ:PFTAU) Shares Up 0.2%

Shares of Portage Fintech Acquisition Co. (NASDAQ:PFTAU – Get Rating) shot up 0.2% on Tuesday . The stock traded as high as $10.30 and last traded at $10.30. 103 shares were traded during mid-day trading, a decline of 99% from the average session volume of 9,918 shares. The stock had previously closed at $10.28.

Portage Fintech Acquisition Price Performance

The company has a 50 day simple moving average of $10.26 and a 200-day simple moving average of $10.14.

Hedge Funds Weigh In On Portage Fintech Acquisition

Several institutional investors and hedge funds have recently modified their holdings of the stock. Gritstone Asset Management LLC purchased a new position in shares of Portage Fintech Acquisition during the 4th quarter valued at about $1,246,000. Glazer Capital LLC boosted its position in Portage Fintech Acquisition by 184.0% during the fourth quarter. Glazer Capital LLC now owns 25,765 shares of the company’s stock valued at $259,000 after purchasing an additional 16,693 shares in the last quarter. Royal Bank of Canada purchased a new stake in Portage Fintech Acquisition in the third quarter valued at about $79,000. Virtu Financial LLC purchased a new stake in Portage Fintech Acquisition in the first quarter valued at about $170,000. Finally, Clear Street LLC raised its stake in shares of Portage Fintech Acquisition by 1,873.7% in the fourth quarter. Clear Street LLC now owns 4,500 shares of the company’s stock worth $45,000 after purchasing an additional 4,272 shares during the last quarter.

Portage Fintech Acquisition Company Profile

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Portage Fintech Acquisition Corporation intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial technology or financial services ecosystem. The company was incorporated in 2021 and is based in New York, New York.