Tabor Asset Management LP Invests $2.61 Million in Keen Vision Acquisition Corporation (NASDAQ:KVAC)

Tabor Asset Management LP bought a new position in Keen Vision Acquisition Corporation (NASDAQ:KVAC - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 232,800 shares of the company's stock, valued at approximately $2,614,000. Tabor Asset Management LP owned approximately 1.20% of Keen Vision Acquisition at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Toronto Dominion Bank bought a new position in Keen Vision Acquisition during the fourth quarter valued at about $304,000. Spartan Fund Management Inc. bought a new position in Keen Vision Acquisition during the fourth quarter valued at about $779,000. Finally, Yakira Capital Management Inc. bought a new position in Keen Vision Acquisition during the fourth quarter worth about $2,556,000. Institutional investors own 51.72% of the company's stock.

Keen Vision Acquisition Price Performance

NASDAQ:KVAC traded up $0.12 on Friday, reaching $11.52. 30,850 shares of the company's stock were exchanged, compared to its average volume of 54,572. Keen Vision Acquisition Corporation has a 52 week low of $10.62 and a 52 week high of $11.52. The stock has a fifty day simple moving average of $11.34 and a 200-day simple moving average of $11.22.

Keen Vision Acquisition 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.

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