MedTech Acquisition (OTCMKTS:MTACU) Trading 19.5% Higher – Here’s Why

Shares of MedTech Acquisition Co. (OTCMKTS:MTACUGet Free Report) were up 19.5% during trading on Monday . The company traded as high as $11.35 and last traded at $11.35. Approximately 1,900 shares were traded during trading, an increase of 225% from the average daily volume of 585 shares. The stock had previously closed at $9.50.

MedTech Acquisition Trading Up 19.5%

The company has a 50 day simple moving average of $11.35 and a 200 day simple moving average of $11.35.

About MedTech Acquisition

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MedTech Acquisition Corporation is a special purpose acquisition company formed in 2021 under the laws of Delaware and listed on the OTC Markets. The company’s primary objective is to complete a business combination with one or more businesses in the medical technology or life sciences sectors. By structuring as a blank check company, MedTech Acquisition seeks to leverage public market capital and strategic support to accelerate growth in a highly innovative industry.

MedTech Acquisition targets companies operating in areas such as diagnostic imaging, minimally invasive devices, regenerative medicine and digital health.

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