Four Leaf Acquisition (NASDAQ:FORL) Stock Price Down 0.5% – Here’s Why

Four Leaf Acquisition Co. (NASDAQ:FORL) shares fell 0.5% during mid-day trading on Thursday . The stock traded as low as $11.06 and last traded at $11.06. 731 shares traded hands during trading, a decline of 4% from the average session volume of 758 shares. The stock had previously closed at $11.11.

Four Leaf Acquisition Stock Down 0.5 %

The firm’s 50-day moving average price is $11.07 and its 200-day moving average price is $11.01.

Institutional Trading of Four Leaf Acquisition

Several large investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new stake in shares of Four Leaf Acquisition in the third quarter valued at about $206,000. Clear Street LLC acquired a new stake in Four Leaf Acquisition in the second quarter valued at approximately $320,000. Wolverine Asset Management LLC raised its stake in shares of Four Leaf Acquisition by 13.0% during the third quarter. Wolverine Asset Management LLC now owns 260,886 shares of the company’s stock valued at $2,870,000 after purchasing an additional 29,964 shares during the period. SkyView Investment Advisors LLC acquired a new position in shares of Four Leaf Acquisition during the second quarter worth $383,000. Finally, Berkley W R Corp purchased a new position in shares of Four Leaf Acquisition in the third quarter valued at $1,456,000. 72.96% of the stock is currently owned by institutional investors and hedge funds.

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.