International Media Acquisition Corp. (NASDAQ:IMAQ - Get Free Report)'s share price was down 2.2% during trading on Wednesday . The stock traded as low as $10.87 and last traded at $10.87. Approximately 511 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 837 shares. The stock had previously closed at $11.12.
International Media Acquisition Trading Down 2.2 %
The business has a fifty day moving average price of $11.25 and a two-hundred day moving average price of $11.14.
Institutional Investors Weigh In On International Media Acquisition
An institutional investor recently raised its position in International Media Acquisition stock. Clear Street LLC increased its stake in shares of International Media Acquisition Corp. (NASDAQ:IMAQ - Free Report) by 5.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 47,223 shares of the company's stock after purchasing an additional 2,444 shares during the period. Clear Street LLC owned approximately 0.63% of International Media Acquisition worth $543,000 at the end of the most recent reporting period. 25.87% of the stock is currently owned by hedge funds and other institutional investors.
International Media Acquisition Company Profile
(
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International Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp.
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