Polar Asset Management Partners Inc. Sells 500,000 Shares of Keen Vision Acquisition Co. (NASDAQ:KVAC)

Polar Asset Management Partners Inc. lowered its position in Keen Vision Acquisition Co. (NASDAQ:KVAC - Free Report) by 56.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 378,773 shares of the company's stock after selling 500,000 shares during the quarter. Polar Asset Management Partners Inc. owned 1.96% of Keen Vision Acquisition worth $4,076,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Dakota Wealth Management lifted its position in Keen Vision Acquisition by 40.2% in the third quarter. Dakota Wealth Management now owns 43,600 shares of the company's stock worth $469,000 after purchasing an additional 12,500 shares during the period. Wolverine Asset Management LLC boosted its position in shares of Keen Vision Acquisition by 34.2% during the 3rd quarter. Wolverine Asset Management LLC now owns 885,388 shares of the company's stock valued at $9,527,000 after acquiring an additional 225,839 shares in the last quarter. Cowen AND Company LLC increased its stake in Keen Vision Acquisition by 41.5% in the second quarter. Cowen AND Company LLC now owns 1,080,463 shares of the company's stock valued at $11,432,000 after acquiring an additional 317,149 shares during the period. Berkley W R Corp raised its position in Keen Vision Acquisition by 97.4% in the second quarter. Berkley W R Corp now owns 952,209 shares of the company's stock worth $10,093,000 after purchasing an additional 469,903 shares in the last quarter. Finally, Mizuho Securities USA LLC grew its stake in shares of Keen Vision Acquisition by 2,258.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 1,353,000 shares of the company's stock valued at $14,491,000 after purchasing an additional 1,295,637 shares during the period. Institutional investors and hedge funds own 51.72% of the company's stock.

Keen Vision Acquisition Stock Performance

Shares of KVAC remained flat at $10.91 during mid-day trading on Thursday. The stock had a trading volume of 100 shares, compared to its average volume of 18,415. Keen Vision Acquisition Co. has a fifty-two week low of $10.30 and a fifty-two week high of $10.91. The stock's fifty day moving average price is $10.83 and its 200-day moving average price is $10.70.

Keen Vision Acquisition Company Profile

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.