FTAC Emerald Acquisition (NASDAQ:EMLD) Shares Down 0.4%

FTAC Emerald Acquisition Corp. (NASDAQ:EMLD) fell 0.4% during trading on Monday . The company traded as low as $10.56 and last traded at $10.56. 572 shares traded hands during trading, a decline of 99% from the average session volume of 65,108 shares. The stock had previously closed at $10.60.

FTAC Emerald Acquisition Trading Down 0.4 %

The stock has a fifty day moving average of $10.50 and a two-hundred day moving average of $10.52.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EMLD. HighTower Advisors LLC acquired a new stake in FTAC Emerald Acquisition in the 1st quarter valued at about $489,000. Radcliffe Capital Management L.P. bought a new position in FTAC Emerald Acquisition in the 1st quarter worth approximately $4,885,000. Polar Asset Management Partners Inc. bought a new position in FTAC Emerald Acquisition in the 1st quarter valued at $2,931,000. Glazer Capital LLC bought a new stake in shares of FTAC Emerald Acquisition during the first quarter worth $759,000. Finally, Walleye Trading LLC acquired a new position in shares of FTAC Emerald Acquisition during the first quarter valued at $1,319,000. 56.89% of the stock is owned by institutional investors.

FTAC Emerald Acquisition Company Profile

FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.