AlphaVest Acquisition Corp (NASDAQ:ATMV - Get Free Report)'s share price rose 0.1% on Friday . The company traded as high as $11.23 and last traded at $11.23. Approximately 7,322 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 34,659 shares. The stock had previously closed at $11.22.
AlphaVest Acquisition Trading Up 0.1 %
The company has a fifty day moving average of $11.17 and a two-hundred day moving average of $11.10.
Hedge Funds Weigh In On AlphaVest Acquisition
A number of large investors have recently made changes to their positions in ATMV. Mizuho Securities USA LLC raised its position in AlphaVest Acquisition by 108.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 560,368 shares of the company's stock worth $6,220,000 after purchasing an additional 291,908 shares during the period. Crossingbridge Advisors LLC bought a new position in AlphaVest Acquisition in the 3rd quarter worth about $3,087,000. Berkley W R Corp increased its position in shares of AlphaVest Acquisition by 92.8% during the first quarter. Berkley W R Corp now owns 418,285 shares of the company's stock worth $4,601,000 after acquiring an additional 201,381 shares during the period. Cowen AND Company LLC raised its stake in shares of AlphaVest Acquisition by 68.8% during the second quarter. Cowen AND Company LLC now owns 278,202 shares of the company's stock valued at $3,069,000 after acquiring an additional 113,410 shares in the last quarter. Finally, Spartan Fund Management Inc. bought a new stake in shares of AlphaVest Acquisition during the third quarter valued at approximately $546,000. 46.08% of the stock is owned by hedge funds and other institutional investors.
About AlphaVest Acquisition
(
Get Free Report)
AlphaVest Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.
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