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

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

Separately, Yakira Capital Management Inc. bought a new position in shares of Keen Vision Acquisition during the 4th quarter valued at $2,556,000. 51.72% of the stock is currently owned by institutional investors and hedge funds.

Keen Vision Acquisition Price Performance

Shares of KVAC stock traded down $0.02 on Thursday, hitting $11.30. 1,562 shares of the company's stock traded hands, compared to its average volume of 72,220. Keen Vision Acquisition Co. has a one year low of $10.54 and a one year high of $11.35. The company's fifty day simple moving average is $11.25 and its 200 day simple moving average is $11.09.

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.