Insight Acquisition Corp. (OTCMKTS:INAQU – Get Free Report)’s share price rose 7.8% during trading on Wednesday . The company traded as high as $10.52 and last traded at $10.50. Approximately 4,000 shares were traded during mid-day trading, an increase of 335% from the average daily volume of 920 shares. The stock had previously closed at $9.74.
Insight Acquisition Stock Performance
The firm has a 50 day moving average of $10.30 and a 200-day moving average of $10.61.
Hedge Funds Weigh In On Insight Acquisition
A hedge fund recently bought a new stake in Insight Acquisition stock. HRT Financial LP acquired a new stake in shares of Insight Acquisition Corp. (OTCMKTS:INAQU – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 91,861 shares of the company’s stock, valued at approximately $979,000.
About Insight Acquisition
Insight Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on business in the FinTech, wealth, asset, investment management, and insurance tech sectors.
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