Progress Acquisition Corp. (OTCMKTS:PGRWU – Get Free Report)’s share price was down 0.2% on Thursday . The company traded as low as $10.35 and last traded at $10.35. Approximately 3,100 shares changed hands during trading, a decline of 53% from the average daily volume of 6,664 shares. The stock had previously closed at $10.37.
Progress Acquisition Stock Down 0.2 %
The company has a 50 day moving average of $10.35 and a 200-day moving average of $10.35.
Institutional Trading of Progress Acquisition
Several large investors have recently added to or reduced their stakes in PGRWU. Ancora Advisors LLC bought a new position in Progress Acquisition during the 1st quarter valued at approximately $483,000. Walleye Capital LLC increased its holdings in shares of Progress Acquisition by 9.7% during the first quarter. Walleye Capital LLC now owns 32,305 shares of the company’s stock valued at $320,000 after acquiring an additional 2,851 shares in the last quarter. Jane Street Group LLC boosted its stake in Progress Acquisition by 28.7% in the 2nd quarter. Jane Street Group LLC now owns 24,061 shares of the company’s stock worth $239,000 after purchasing an additional 5,361 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in Progress Acquisition during the 1st quarter valued at about $119,000. Finally, UBS Group AG increased its stake in Progress Acquisition by 162.2% during the 1st quarter. UBS Group AG now owns 2,667 shares of the company’s stock valued at $26,000 after purchasing an additional 1,650 shares in the last quarter.
Progress Acquisition Company Profile
Progress Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Boston, Massachusetts.
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