Nubia Brand International Corp. (NASDAQ:NUBIU – Get Free Report)’s stock price shot up 0% on Monday . The stock traded as high as $10.84 and last traded at $10.84. 100 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 2,631 shares. The stock had previously closed at $10.84.
Nubia Brand International Trading Up 0.0 %
The stock has a fifty day simple moving average of $10.76 and a 200-day simple moving average of $10.67.
Institutional Investors Weigh In On Nubia Brand International
Hedge funds have recently bought and sold shares of the company. Ergoteles LLC acquired a new stake in shares of Nubia Brand International during the first quarter worth about $120,000. Spartan Fund Management Inc. raised its holdings in Nubia Brand International by 1,079.0% during the 1st quarter. Spartan Fund Management Inc. now owns 11,472 shares of the company’s stock worth $120,000 after buying an additional 10,499 shares during the period. State Street Corp bought a new position in Nubia Brand International in the second quarter valued at approximately $123,000. Virtu Financial LLC boosted its holdings in shares of Nubia Brand International by 16.3% in the fourth quarter. Virtu Financial LLC now owns 15,227 shares of the company’s stock valued at $164,000 after buying an additional 2,136 shares during the period. Finally, Bank of America Corp DE bought a new stake in shares of Nubia Brand International during the first quarter worth $1,000,000.
About Nubia Brand International
Nubia Brand International Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Dallas, Texas.
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