Kismet Acquisition Two Corp. (NASDAQ:KAII – Get Free Report)’s share price fell 0.6% during trading on Monday . The stock traded as low as $10.88 and last traded at $10.92. 1,402 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 149,485 shares. The stock had previously closed at $10.98.
Kismet Acquisition Two Trading Down 0.6 %
The firm has a fifty day moving average price of $10.79 and a 200-day moving average price of $10.72.
Institutional Investors Weigh In On Kismet Acquisition Two
Several hedge funds have recently made changes to their positions in the business. UBS Group AG acquired a new position in Kismet Acquisition Two in the fourth quarter valued at $47,000. BlackRock Inc. acquired a new position in Kismet Acquisition Two in the third quarter valued at $51,000. HRT Financial LP lifted its stake in shares of Kismet Acquisition Two by 16.4% during the first quarter. HRT Financial LP now owns 12,163 shares of the company’s stock worth $124,000 after purchasing an additional 1,714 shares in the last quarter. Silverback Asset Management LLC acquired a new position in shares of Kismet Acquisition Two during the fourth quarter worth about $264,000. Finally, CSS LLC IL acquired a new position in shares of Kismet Acquisition Two during the fourth quarter worth about $378,000. Institutional investors and hedge funds own 68.52% of the company’s stock.
About Kismet Acquisition Two
Kismet Acquisition Two Corp. does not have significant operations. The company intends to acquire, engage in a share exchange, share reconstruction and amalgamation, contractual control arrangement with, purchase all or substantially various assets of, or engage in any other similar initial business combination with one or more businesses or entities.
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