Liberty Resources Acquisition (NASDAQ:LIBY) Stock Price Up 0.3%

Liberty Resources Acquisition Corp. (NASDAQ:LIBY – Get Rating) rose 0.3% on Monday . The stock traded as high as $10.70 and last traded at $10.69. Approximately 19,409 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 51,189 shares. The stock had previously closed at $10.65.

Liberty Resources Acquisition Price Performance

The company has a 50-day moving average price of $10.58 and a two-hundred day moving average price of $10.38.

Hedge Funds Weigh In On Liberty Resources Acquisition

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LIBY. Virtu Financial LLC purchased a new position in Liberty Resources Acquisition in the 1st quarter worth approximately $225,000. Susquehanna International Group LLP lifted its stake in shares of Liberty Resources Acquisition by 128.6% in the 1st quarter. Susquehanna International Group LLP now owns 26,446 shares of the company’s stock valued at $278,000 after purchasing an additional 14,875 shares during the period. Robinson Capital Management LLC purchased a new position in Liberty Resources Acquisition during the first quarter valued at $300,000. Millennium Management LLC raised its position in shares of Liberty Resources Acquisition by 4.6% in the 2nd quarter. Millennium Management LLC now owns 40,728 shares of the company’s stock worth $406,000 after purchasing an additional 1,801 shares during the last quarter. Finally, Glazer Capital LLC purchased a new position in Liberty Resources Acquisition in the 1st quarter worth approximately $422,000. 67.58% of the stock is currently owned by hedge funds and other institutional investors.

About Liberty Resources Acquisition

(Get Rating)

Liberty Resources Acquisition Corp. 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 in the oil and gas sectors. The company was incorporated in 2021 and is based in Miami, Florida.