Keen Vision Acquisition Corporation (NASDAQ:KVAC - Get Free Report) shares were up 0.5% during trading on Tuesday . The company traded as high as $11.39 and last traded at $11.38. Approximately 8,409 shares traded hands during trading, a decline of 85% from the average daily volume of 57,027 shares. The stock had previously closed at $11.32.
Keen Vision Acquisition Trading Up 0.5%
The stock's 50-day moving average price is $11.30 and its 200 day moving average price is $11.17.
Institutional Trading of Keen Vision Acquisition
A number of institutional investors and hedge funds have recently added to or reduced their stakes in KVAC. Toronto Dominion Bank acquired a new stake in shares of Keen Vision Acquisition in the fourth quarter valued at approximately $304,000. Spartan Fund Management Inc. acquired a new stake in shares of Keen Vision Acquisition in the fourth quarter valued at about $779,000. Westchester Capital Management LLC bought a new stake in shares of Keen Vision Acquisition during the 1st quarter worth approximately $787,000. Yakira Capital Management Inc. acquired a new position in shares of Keen Vision Acquisition during the 4th quarter worth about $2,556,000. Finally, Tabor Asset Management LP acquired a new stake in shares of Keen Vision Acquisition in the first quarter valued at approximately $2,614,000. Institutional investors own 51.72% of the company's stock.
About Keen Vision Acquisition
(
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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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