Shares of Pearl Holdings Acquisition Corp (NASDAQ:PRLH - Get Free Report) rose 0.4% on Tuesday . The stock traded as high as $11.25 and last traded at $11.25. Approximately 231 shares were traded during trading, a decline of 98% from the average daily volume of 12,866 shares. The stock had previously closed at $11.21.
Pearl Holdings Acquisition Price Performance
The stock has a fifty day moving average price of $11.16 and a two-hundred day moving average price of $11.06.
Institutional Investors Weigh In On Pearl Holdings Acquisition
A hedge fund recently raised its stake in Pearl Holdings Acquisition stock. Wolverine Asset Management LLC boosted its stake in shares of Pearl Holdings Acquisition Corp (NASDAQ:PRLH - Free Report) by 13,618.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,167 shares of the company's stock after purchasing an additional 88,517 shares during the quarter. Wolverine Asset Management LLC owned about 1.24% of Pearl Holdings Acquisition worth $983,000 at the end of the most recent quarter. 8.31% of the stock is currently owned by hedge funds and other institutional investors.
Pearl Holdings Acquisition Company Profile
(
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Pearl Holdings 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. It intends to focus its search for a target business operating in the lifestyle, health and wellness, and technology sectors.
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