Maquia Capital Acquisition (NASDAQ:MAQC) Trading 2.7% Higher

Maquia Capital Acquisition Co. (NASDAQ:MAQC)’s stock price traded up 2.7% during mid-day trading on Tuesday . The stock traded as high as $11.96 and last traded at $11.96. 1,094 shares were traded during trading, a decline of 94% from the average session volume of 18,122 shares. The stock had previously closed at $11.65.

Maquia Capital Acquisition Trading Up 2.7 %

The company has a 50-day moving average price of $11.25 and a 200-day moving average price of $10.93.

Maquia Capital Acquisition (NASDAQ:MAQC) last issued its quarterly earnings data on Wednesday, August 23rd. The company reported ($0.05) earnings per share for the quarter.

Hedge Funds Weigh In On Maquia Capital Acquisition

A number of hedge funds have recently modified their holdings of the business. UBS Group AG boosted its stake in shares of Maquia Capital Acquisition by 75.7% during the second quarter. UBS Group AG now owns 3,018 shares of the company’s stock worth $31,000 after buying an additional 1,300 shares during the period. Deutsche Bank AG acquired a new stake in shares of Maquia Capital Acquisition during the first quarter worth about $54,000. Clear Street LLC purchased a new stake in shares of Maquia Capital Acquisition during the fourth quarter worth approximately $145,000. Cowen AND Company LLC purchased a new stake in shares of Maquia Capital Acquisition during the fourth quarter worth approximately $208,000. Finally, Virtu Financial LLC purchased a new stake in shares of Maquia Capital Acquisition during the second quarter worth approximately $238,000. 19.44% of the stock is currently owned by hedge funds and other institutional investors.

About Maquia Capital Acquisition

Maquia Capital Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its search on technology-focused middle market and emerging growth companies in North America.