Colicity Inc. (OTCMKTS:COLIU – Get Free Report) traded down 0% during trading on Friday . The company traded as low as $10.05 and last traded at $10.06. 3,100 shares were traded during mid-day trading, a decline of 79% from the average session volume of 15,108 shares. The stock had previously closed at $10.06.
Colicity Price Performance
The stock’s 50-day simple moving average is $10.06 and its 200 day simple moving average is $10.06.
Institutional Trading of Colicity
A hedge fund recently bought a new stake in Colicity stock. Cubist Systematic Strategies LLC purchased a new position in shares of Colicity Inc. (OTCMKTS:COLIU – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 18,092 shares of the company’s stock, valued at approximately $178,000.
About Colicity
Colicity Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on identifying a prospective target business in the technology, media, and telecommunications industries in the United States and other developed countries.
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