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2022-12-08 15:42
MELI Kaszek Pioneer Corp (NASDAQ:MEKA – Get Rating) was up 0.3% during mid-day trading on Wednesday . The stock traded as high as $9.96 and last traded at $9.96. Approximately 221 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 70,214 shares. The stock had previously closed at $9.93.
The firm's 50 day moving average price is $9.90 and its 200-day moving average price is $9.95.
Get MELI Kaszek Pioneer alerts:Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Walleye Trading LLC lifted its position in MELI Kaszek Pioneer by 17.6% during the second quarter. Walleye Trading LLC now owns 52,122 shares of the company's stock valued at $516,000 after purchasing an additional 7,812 shares during the period. Walleye Capital LLC bought a new position in MELI Kaszek Pioneer in the first quarter worth approximately $811,000. Radcliffe Capital Management L.P. bought a new position in MELI Kaszek Pioneer in the first quarter worth approximately $510,000. UBS Group AG raised its position in MELI Kaszek Pioneer by 102.0% in the third quarter. UBS Group AG now owns 4,796 shares of the company's stock worth $47,000 after acquiring an additional 2,422 shares during the period. Finally, Penserra Capital Management LLC bought a new position in MELI Kaszek Pioneer in the first quarter worth approximately $29,000. Institutional investors own 63.08% of the company's stock.
MELI Kaszek Pioneer Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Miami, Florida.
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