ANDINA ACQUISIT/SH SH (NASDAQ:ANDA) Trading Down 0.2%

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 ACQUISIT/SH SH Company Profile (NASDAQ:ANDA)

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.

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