Insight Acquisition Corp. (OTCMKTS:INAQU – Get Free Report)’s stock price rose 7.8% on Wednesday . The stock traded as high as $10.52 and last traded at $10.50. Approximately 4,000 shares traded hands during mid-day trading, an increase of 335% from the average daily volume of 920 shares. The stock had previously closed at $9.74.
Insight Acquisition Stock Up 7.8 %
The firm’s fifty day simple moving average is $10.30 and its two-hundred day simple moving average is $10.61.
Institutional Investors Weigh In On Insight Acquisition
An institutional investor recently bought a new position in Insight Acquisition stock. HRT Financial LP purchased a new stake in Insight Acquisition Corp. (OTCMKTS:INAQU – Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 91,861 shares of the company’s stock, valued at approximately $979,000.
Insight Acquisition Company Profile
Insight Acquisition Corp. 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. It intends to focus on business in the FinTech, wealth, asset, investment management, and insurance tech sectors.
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