ANDINA ACQUISIT/SH SH (NASDAQ:ANDA) dropped 0.2% during trading on Thursday . The company traded as low as $10.05 and last traded at $10.05, approximately 550 shares were traded during mid-day trading. A decline of 93% from the average daily volume of 7,515 shares. The stock had previously closed at $10.07.
The business has a fifty day simple moving average of $10.03 and a 200 day simple moving average of $9.94.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cowen Inc. acquired a new stake in shares of ANDINA ACQUISIT/SH SH during the 2nd quarter worth $318,000. Walleye Trading LLC acquired a new stake in shares of ANDINA ACQUISIT/SH SH during the 2nd quarter worth $328,000. Karpus Management Inc. grew its holdings in shares of ANDINA ACQUISIT/SH SH by 12.5% during the 3rd quarter. Karpus Management Inc. now owns 309,050 shares of the company’s stock worth $3,087,000 after purchasing an additional 34,350 shares in the last quarter. Gabelli Funds LLC acquired a new stake in shares of ANDINA ACQUISIT/SH SH during the 2nd quarter worth $2,045,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of ANDINA ACQUISIT/SH SH during the 2nd quarter worth $2,414,000. 51.17% of the stock is currently owned by institutional investors.
Andina Acquisition Corp. III intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or business combination. The company was founded in 2016 and is based in Bogotá, Colombia.
Further Reading: How can investors invest in the Euro STOXX 50 Index?
Receive News & Ratings for ANDINA ACQUISIT/SH SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANDINA ACQUISIT/SH SH and related companies with MarketBeat.com's FREE daily email newsletter.