Nubia Brand International (NASDAQ:NUBIU) Shares Up 0%

Nubia Brand International Corp. (NASDAQ:NUBIU)’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.