Four Leaf Acquisition (NASDAQ:FORL) Shares Down 0.5% – Time to Sell?

Shares of Four Leaf Acquisition Co. (NASDAQ:FORL) dropped 0.5% on Thursday . The company traded as low as $11.06 and last traded at $11.06. Approximately 731 shares were traded during trading, a decline of 4% from the average daily volume of 758 shares. The stock had previously closed at $11.11.

Four Leaf Acquisition Stock Down 0.5 %

The firm has a 50 day simple moving average of $11.07 and a 200-day simple moving average of $11.01.

Hedge Funds Weigh In On Four Leaf Acquisition

Several institutional investors and hedge funds have recently bought and sold shares of FORL. Virtu Financial LLC acquired a new position in shares of Four Leaf Acquisition during the third quarter valued at about $206,000. Clear Street LLC purchased a new position in shares of Four Leaf Acquisition during the second quarter worth $320,000. SkyView Investment Advisors LLC acquired a new position in shares of Four Leaf Acquisition in the 2nd quarter valued at about $383,000. Berkley W R Corp acquired a new position in Four Leaf Acquisition in the third quarter valued at approximately $1,456,000. Finally, K2 Principal Fund L.P. acquired a new position in shares of Four Leaf Acquisition in the 2nd quarter valued at $1,587,000. 72.96% of the stock is owned by hedge funds and other institutional investors.

Four Leaf Acquisition Company Profile

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.