Agriculture & Natural Solutions Acquisition (NASDAQ:ANSC) Stock Price Up 10.1% - Here's What Happened

Key Points

• Agriculture & Natural Solutions Acquisition Corporation's stock price increased by 10.1%, reaching a high of $11.98 during trading.
• Despite the price increase, only 343 shares were traded, a significant decline from the average session volume of 87,869 shares.
• Institutional investors own 38.75% of the company’s stock, with various hedge funds significantly increasing their positions in the fourth quarter.

Agriculture & Natural Solutions Acquisition Corporation (NASDAQ:ANSC - )'s stock price shot up 10.1% on Tuesday . The company traded as high as $10.89 and last traded at $11.98. 343 shares were traded during mid-day trading, a decline of 100% from the average session volume of 87,869 shares. The stock had previously closed at $10.88.

Agriculture & Natural Solutions Acquisition Price Performance

The stock has a 50-day moving average of $10.83 and a two-hundred day moving average of $10.70.

Institutional Trading of Agriculture & Natural Solutions Acquisition

A number of hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in Agriculture & Natural Solutions Acquisition by 23.5% in the fourth quarter. Geode Capital Management LLC now owns 28,872 shares of the company's stock valued at $303,000 after purchasing an additional 5,491 shares during the last quarter. Alpine Global Management LLC purchased a new stake in Agriculture & Natural Solutions Acquisition in the fourth quarter worth $1,836,000. Westchester Capital Management LLC grew its stake in Agriculture & Natural Solutions Acquisition by 43.7% in the fourth quarter. Westchester Capital Management LLC now owns 2,464,804 shares of the company's stock worth $25,856,000 after purchasing an additional 750,000 shares during the period. Quarry LP purchased a new stake in Agriculture & Natural Solutions Acquisition in the fourth quarter worth $4,187,000. Finally, Berkley W R Corp grew its stake in shares of Agriculture & Natural Solutions Acquisition by 414.3% in the fourth quarter. Berkley W R Corp now owns 1,022,903 shares of the company's stock worth $10,730,000 after acquiring an additional 824,023 shares during the last quarter. Institutional investors own 38.75% of the company's stock.

Agriculture & Natural Solutions Acquisition Company Profile

Agriculture & Natural Solutions Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2021 and is headquartered in New York, NY.

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