COVA Acquisition Corp. (OTCMKTS:COVAU – Get Free Report) fell 1.4% during mid-day trading on Wednesday . The company traded as low as $10.50 and last traded at $10.50. 4,200 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 15,482 shares. The stock had previously closed at $10.65.
COVA Acquisition Stock Down 1.4 %
The business’s 50-day moving average price is $10.50 and its 200-day moving average price is $10.50.
Institutional Trading of COVA Acquisition
An institutional investor recently bought a new position in COVA Acquisition stock. Glazer Capital LLC purchased a new position in COVA Acquisition Corp. (OTCMKTS:COVAU – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,717 shares of the company’s stock, valued at approximately $66,000.
COVA Acquisition Company Profile
COVA Acquisition Corp. 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 or entities. It intends to focus on businesses in the technology industry in Southeast Asia or the United States.
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