Polar Asset Management Partners Inc. Sells 228,773 Shares of Keen Vision Acquisition Co. (NASDAQ:KVAC)

Polar Asset Management Partners Inc. decreased its position in Keen Vision Acquisition Co. (NASDAQ:KVAC - Free Report) by 60.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 150,000 shares of the company's stock after selling 228,773 shares during the quarter. Polar Asset Management Partners Inc. owned approximately 0.77% of Keen Vision Acquisition worth $1,647,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Yakira Capital Management Inc. purchased a new position in Keen Vision Acquisition during the 4th quarter valued at about $2,556,000. Spartan Fund Management Inc. bought a new stake in shares of Keen Vision Acquisition in the 4th quarter worth approximately $779,000. Finally, Toronto Dominion Bank bought a new stake in shares of Keen Vision Acquisition in the 4th quarter worth approximately $304,000. 51.72% of the stock is owned by institutional investors.

Keen Vision Acquisition Price Performance

Shares of KVAC traded up $0.01 during mid-day trading on Thursday, hitting $11.34. 3,427 shares of the company's stock traded hands, compared to its average volume of 65,602. The business's 50-day moving average price is $11.26 and its 200-day moving average price is $11.11. Keen Vision Acquisition Co. has a 1 year low of $10.55 and a 1 year high of $11.35.

Keen Vision Acquisition Company Profile

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.