Shares of FutureTech II Acquisition Corp. (NASDAQ:FTII - Get Free Report) traded up 1.3% during mid-day trading on Tuesday . The company traded as high as $11.83 and last traded at $11.55. 861 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 6,729 shares. The stock had previously closed at $11.40.
FutureTech II Acquisition Trading Down 3.5 %
The firm's 50-day moving average price is $11.42 and its 200 day moving average price is $11.20.
Institutional Investors Weigh In On FutureTech II Acquisition
An institutional investor recently raised its position in FutureTech II Acquisition stock. Virtu Financial LLC grew its holdings in shares of FutureTech II Acquisition Corp. (NASDAQ:FTII - Free Report) by 41.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 35,356 shares of the company's stock after acquiring an additional 10,438 shares during the quarter. Virtu Financial LLC owned about 0.61% of FutureTech II Acquisition worth $396,000 as of its most recent SEC filing. Institutional investors own 65.83% of the company's stock.
About FutureTech II Acquisition
(
Get Free Report)
FutureTech II Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire and manage a business in the technology industry.
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