Origin Investment Corp I (NASDAQ:ORIQU – Get Free Report) was down 0.4% on Friday . The company traded as low as $10.16 and last traded at $10.16. Approximately 100 shares were traded during trading, a decline of 82% from the average daily volume of 564 shares. The stock had previously closed at $10.20.
Origin Investment Corp I Stock Performance
The stock has a 50 day simple moving average of $10.25 and a two-hundred day simple moving average of $10.29.
Hedge Funds Weigh In On Origin Investment Corp I
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ORIQU. Schonfeld Strategic Advisors LLC acquired a new position in Origin Investment Corp I during the third quarter worth $506,000. Clear Street Group Inc. acquired a new position in Origin Investment Corp I during the third quarter worth $37,000. Finally, Heights Capital Management Inc. purchased a new stake in Origin Investment Corp I in the third quarter valued at $2,528,000.
Origin Investment Corp I Company Profile
Origin Investment Corp I is a Delaware-based special purpose acquisition company (SPAC) formed to pursue a business combination with a target operating company. Listed on the NASDAQ under the ticker ORIQU, the company seeks to leverage the flexible structure of a blank check vehicle to identify and consummate a merger, capital purchase, or similar business transaction.
The company’s primary focus is on identifying opportunities within technology, media, telecommunications, and related sectors.
Further Reading
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