Keen Vision Acquisition Co. (NASDAQ:KVAC) Shares Sold by Crossingbridge Advisors LLC

Crossingbridge Advisors LLC cut its position in shares of Keen Vision Acquisition Co. (NASDAQ:KVAC - Free Report) by 18.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 255,847 shares of the company's stock after selling 56,520 shares during the quarter. Keen Vision Acquisition accounts for about 2.1% of Crossingbridge Advisors LLC's investment portfolio, making the stock its 16th largest holding. Crossingbridge Advisors LLC owned about 1.32% of Keen Vision Acquisition worth $2,753,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in KVAC. Virtu Financial LLC acquired a new position in shares of Keen Vision Acquisition during the first quarter valued at $465,000. Dakota Wealth Management boosted its stake in Keen Vision Acquisition by 40.2% during the 3rd quarter. Dakota Wealth Management now owns 43,600 shares of the company's stock valued at $469,000 after purchasing an additional 12,500 shares during the period. Wolverine Asset Management LLC grew its position in Keen Vision Acquisition by 196.1% in the 2nd quarter. Wolverine Asset Management LLC now owns 659,549 shares of the company's stock worth $6,979,000 after purchasing an additional 436,792 shares during the last quarter. Berkley W R Corp increased its stake in shares of Keen Vision Acquisition by 97.4% in the second quarter. Berkley W R Corp now owns 952,209 shares of the company's stock valued at $10,093,000 after purchasing an additional 469,903 shares during the period. Finally, Cowen AND Company LLC raised its holdings in shares of Keen Vision Acquisition by 41.5% during the second quarter. Cowen AND Company LLC now owns 1,080,463 shares of the company's stock valued at $11,432,000 after buying an additional 317,149 shares during the last quarter. Institutional investors and hedge funds own 51.72% of the company's stock.

Keen Vision Acquisition Price Performance

KVAC remained flat at $10.87 during trading hours on Tuesday. The company had a trading volume of 5,233 shares, compared to its average volume of 87,972. Keen Vision Acquisition Co. has a 12-month low of $10.28 and a 12-month high of $10.91. The business's fifty day moving average is $10.81 and its 200-day moving average is $10.69.

About Keen Vision Acquisition

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.