Global Lights Acquisition Corp (NASDAQ:GLAC - Get Free Report)'s share price traded up 0% during mid-day trading on Friday . The company traded as high as $10.81 and last traded at $10.81. 811 shares traded hands during trading, a decline of 96% from the average session volume of 20,343 shares. The stock had previously closed at $10.80.
Global Lights Acquisition Price Performance
The stock has a 50 day moving average price of $10.68 and a two-hundred day moving average price of $10.56.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Wolverine Asset Management LLC acquired a new position in shares of Global Lights Acquisition in the third quarter valued at approximately $74,000. K2 Principal Fund L.P. acquired a new position in shares of Global Lights Acquisition during the third quarter valued at about $113,000. Shaolin Capital Management LLC boosted its position in shares of Global Lights Acquisition by 6.2% during the third quarter. Shaolin Capital Management LLC now owns 217,504 shares of the company's stock valued at $2,277,000 after buying an additional 12,712 shares during the last quarter. Walleye Trading LLC purchased a new stake in shares of Global Lights Acquisition during the 3rd quarter valued at $377,000. Finally, Walleye Capital LLC purchased a new stake in Global Lights Acquisition during the third quarter valued at about $669,000. 83.41% of the stock is owned by institutional investors and hedge funds.
About Global Lights Acquisition
(
Get Free Report)
Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.
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