Global Blockchain Acquisition Corp. (NASDAQ:GBBK - Get Free Report) shares shot up 0.1% during mid-day trading on Thursday . The stock traded as high as $11.04 and last traded at $11.04. 3,322 shares were traded during mid-day trading, a decline of 73% from the average session volume of 12,471 shares. The stock had previously closed at $11.03.
Global Blockchain Acquisition Stock Up 0.1 %
The stock's fifty day simple moving average is $11.04 and its 200 day simple moving average is $10.99.
Institutional Trading of Global Blockchain Acquisition
A hedge fund recently raised its stake in Global Blockchain Acquisition stock. Berkley W R Corp grew its holdings in Global Blockchain Acquisition Corp. (NASDAQ:GBBK - Free Report) by 2,887.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 351,131 shares of the company's stock after acquiring an additional 339,378 shares during the quarter. Berkley W R Corp owned 4.88% of Global Blockchain Acquisition worth $3,782,000 at the end of the most recent reporting period. 33.57% of the stock is currently owned by hedge funds and other institutional investors.
About Global Blockchain Acquisition
(
Get Free Report)
Global Blockchain Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.
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