Colicity (NASDAQ:COLI) Trading Up 0.1%

Colicity Inc. (NASDAQ:COLI – Get Rating)'s share price was up 0.1% during mid-day trading on Thursday . The company traded as high as $9.84 and last traded at $9.84. Approximately 2,584 shares traded hands during trading, a decline of 94% from the average daily volume of 46,021 shares. The stock had previously closed at $9.83.

Colicity Trading Up 0.1 %

The stock's fifty day simple moving average is $9.80 and its 200-day simple moving average is $9.77.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Toronto Dominion Bank boosted its holdings in shares of Colicity by 9.4% in the fourth quarter. Toronto Dominion Bank now owns 98,502 shares of the company's stock valued at $960,000 after acquiring an additional 8,502 shares in the last quarter. Soros Fund Management LLC acquired a new position in shares of Colicity in the fourth quarter valued at approximately $975,000. PEAK6 Investments LLC grew its holdings in Colicity by 15.1% in the fourth quarter. PEAK6 Investments LLC now owns 105,055 shares of the company's stock valued at $1,024,000 after purchasing an additional 13,765 shares during the period. Oribel Capital Management LP grew its holdings in Colicity by 22.1% in the fourth quarter. Oribel Capital Management LP now owns 63,869 shares of the company's stock valued at $623,000 after purchasing an additional 11,545 shares during the period. Finally, Blair William & Co. IL grew its holdings in Colicity by 45.0% in the fourth quarter. Blair William & Co. IL now owns 204,688 shares of the company's stock valued at $1,996,000 after purchasing an additional 63,519 shares during the period. 54.14% of the stock is owned by hedge funds and other institutional investors.

Colicity Company Profile

Colicity Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on identifying a prospective target business in the technology, media, and telecommunications industries in the United States and other developed countries.

Further Reading

• Get a free copy of the StockNews.com research report on Colicity (COLI)
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