Deerfield Healthcare Technology Acquisitions (OTCMKTS:DFHTU) Shares Down 2.2% – Here’s Why

Deerfield Healthcare Technology Acquisitions Corp. (OTCMKTS:DFHTU) was down 2.2% on Thursday . The stock traded as low as $15.56 and last traded at $15.65. Approximately 600 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 9,052 shares. The stock had previously closed at $16.00.

Deerfield Healthcare Technology Acquisitions Stock Performance

The company has a 50-day moving average of $15.65 and a 200 day moving average of $15.65.

About Deerfield Healthcare Technology Acquisitions

Deerfield Healthcare Technology Acquisitions Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to pursue a merger, share exchange, asset acquisition or similar business combination with one or more businesses in the healthcare technology sector. As a blank-check company, it does not generate operating revenues and holds proceeds from its initial public offering in a trust account until it completes a qualifying business combination.

The company is sponsored by Deerfield Management Company, a healthcare investment firm with extensive experience in life sciences and medical technology.