Voyager Acquisition (NASDAQ:VACH) Stock Price Down 0.5% - Here's What Happened

Key Points

• Voyager Acquisition's stock price declined by 0.5% to $10.45, with trading volume falling to 764 shares, significantly lower than the average of 4,023 shares.
• Recent hedge fund activity includes Clear Street LLC increasing its stake by over 27,221% and major purchases by various firms, indicating increased institutional interest.
• Voyager Acquisition Corp. operates as a blank check company, focused on mergers or business combinations with other entities.

Voyager Acquisition Corp. (NASDAQ:VACH - )'s stock price traded down 0.5% during trading on Thursday . The stock traded as low as $10.46 and last traded at $10.45. 764 shares changed hands during trading, a decline of 81% from the average session volume of 4,023 shares. The stock had previously closed at $10.50.

Voyager Acquisition Trading Down 0.5%

The firm's fifty day moving average is $10.42 and its 200 day moving average is $10.35.

Hedge Funds Weigh In On Voyager Acquisition

A number of hedge funds have recently added to or reduced their stakes in the stock. Clear Street LLC grew its stake in Voyager Acquisition by 27,221.4% in the 2nd quarter. Clear Street LLC now owns 45,900 shares of the company's stock worth $477,000 after acquiring an additional 45,732 shares in the last quarter. Quarry LP bought a new position in Voyager Acquisition in the 1st quarter worth about $2,036,000. MMCAP International Inc. SPC bought a new position in Voyager Acquisition in the 1st quarter worth about $2,545,000. Shaolin Capital Management LLC bought a new position in Voyager Acquisition in the 2nd quarter worth about $3,116,000. Finally, Wolverine Asset Management LLC grew its stake in Voyager Acquisition by 46.8% in the 1st quarter. Wolverine Asset Management LLC now owns 1,409,806 shares of the company's stock worth $14,352,000 after acquiring an additional 449,622 shares in the last quarter.

Voyager Acquisition Company Profile

Voyager Acquisition Corp. is a blank check company. It formed for the purpose of merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Voyager Acquisition Corp. is based in BROOKLYN, N.Y.

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