Keen Vision Acquisition (NASDAQ:KVAC) Shares Up 0.1% - Here's What Happened

Shares of Keen Vision Acquisition Co. (NASDAQ:KVAC - Get Free Report) shot up 0.1% during trading on Friday . The company traded as high as $11.02 and last traded at $11.02. 106 shares traded hands during trading, a decline of 100% from the average session volume of 50,234 shares. The stock had previously closed at $11.00.

Keen Vision Acquisition Trading Up 0.1 %

The business has a fifty day moving average price of $10.93 and a 200 day moving average price of $10.79.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Quarry LP acquired a new position in shares of Keen Vision Acquisition during the third quarter worth approximately $4,136,000. Mizuho Securities USA LLC lifted its holdings in shares of Keen Vision Acquisition by 2,258.7% during the third quarter. Mizuho Securities USA LLC now owns 1,353,000 shares of the company's stock worth $14,491,000 after buying an additional 1,295,637 shares during the last quarter. Wolverine Asset Management LLC lifted its holdings in shares of Keen Vision Acquisition by 34.2% during the third quarter. Wolverine Asset Management LLC now owns 885,388 shares of the company's stock worth $9,527,000 after buying an additional 225,839 shares during the last quarter. Dakota Wealth Management increased its position in shares of Keen Vision Acquisition by 40.2% during the third 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. Finally, Berkley W R Corp increased its position in shares of Keen Vision Acquisition by 97.4% during 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. 51.72% of the stock is currently owned by institutional investors and hedge funds.

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.