TLGY Acquisition (NASDAQ:TLGY) Shares Up 0.1%

TLGY Acquisition Co. (NASDAQ:TLGY)’s share price shot up 0.1% during trading on Wednesday . The stock traded as high as $11.34 and last traded at $11.34. 987 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 42,215 shares. The stock had previously closed at $11.33.

TLGY Acquisition Price Performance

The company has a 50-day simple moving average of $11.25 and a 200 day simple moving average of $11.12.

Institutional Investors Weigh In On TLGY Acquisition

Several hedge funds have recently bought and sold shares of the stock. Sea Otter Advisors LLC acquired a new position in TLGY Acquisition in the 4th quarter valued at $228,000. Cubist Systematic Strategies LLC acquired a new stake in shares of TLGY Acquisition in the 1st quarter worth $331,000. Goldman Sachs Group Inc. acquired a new stake in shares of TLGY Acquisition during the 2nd quarter worth about $379,000. CSS LLC IL increased its position in shares of TLGY Acquisition by 8.4% during the 4th quarter. CSS LLC IL now owns 51,937 shares of the company’s stock worth $533,000 after purchasing an additional 4,037 shares during the last quarter. Finally, Cohanzick Management LLC acquired a new stake in shares of TLGY Acquisition during the 4th quarter worth about $555,000. Hedge funds and other institutional investors own 45.08% of the company’s stock.

TLGY Acquisition Company Profile

TLGY Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on targets in biopharma or technology enabled business-to-consumer industries worldwide.