Jaws Mustang Acquisition (NYSE:JWSM) Shares Up 0.4%

Jaws Mustang Acquisition Co. (NYSE:JWSM)’s stock price shot up 0.4% during mid-day trading on Friday . The company traded as high as $11.30 and last traded at $11.30. 5,031 shares were traded during trading, a decline of 44% from the average session volume of 8,967 shares. The stock had previously closed at $11.26.

Jaws Mustang Acquisition Stock Up 0.4 %

The firm’s 50 day moving average is $11.20 and its 200-day moving average is $11.11.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Wolverine Asset Management LLC bought a new position in shares of Jaws Mustang Acquisition during the 2nd quarter worth about $985,000. Virtu Financial LLC increased its holdings in shares of Jaws Mustang Acquisition by 14.2% during the 1st quarter. Virtu Financial LLC now owns 21,442 shares of the company’s stock worth $235,000 after purchasing an additional 2,659 shares during the period. Finally, K2 Principal Fund L.P. bought a new position in shares of Jaws Mustang Acquisition during the 4th quarter worth about $467,000.

About Jaws Mustang Acquisition

Jaws Mustang Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Miami Beach, Florida.