SIM Acquisition Corp. I (NASDAQ:SIMA) Stock Price Up 0.1% – Should You Buy?

SIM Acquisition Corp. I (NASDAQ:SIMA) shot up 0.1% on Friday . The stock traded as high as $10.44 and last traded at $10.43. 208 shares were traded during mid-day trading, a decline of 100% from the average session volume of 100,083 shares. The stock had previously closed at $10.42.

SIM Acquisition Corp. I Price Performance

The company’s 50 day moving average is $10.35 and its two-hundred day moving average is $10.20.

Institutional Trading of SIM Acquisition Corp. I

Hedge funds have recently modified their holdings of the company. Tidal Investments LLC acquired a new position in shares of SIM Acquisition Corp. I in the fourth quarter valued at $161,000. Boothbay Fund Management LLC bought a new stake in SIM Acquisition Corp. I in the 4th quarter valued at $223,000. ATW Spac Management LLC acquired a new position in shares of SIM Acquisition Corp. I in the 4th quarter valued at $223,000. Kepos Capital LP bought a new position in shares of SIM Acquisition Corp. I during the 4th quarter worth about $301,000. Finally, Virtu Financial LLC lifted its holdings in shares of SIM Acquisition Corp. I by 35.8% during the 4th quarter. Virtu Financial LLC now owns 35,784 shares of the company’s stock worth $359,000 after acquiring an additional 9,424 shares during the period.

SIM Acquisition Corp. I Company Profile

SIM Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company primary focus on the healthcare industry. SIM Acquisition Corp.