Berkley W R Corp Increases Position in InFinT Acquisition Co. (NYSE:IFIN)

Berkley W R Corp grew its holdings in InFinT Acquisition Co. (NYSE:IFIN) by 14.5% during the 1st quarter, Holdings Channel reports. The firm owned 400,593 shares of the company’s stock after buying an additional 50,786 shares during the period. Berkley W R Corp’s holdings in InFinT Acquisition were worth $4,587,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. K2 Principal Fund L.P. bought a new position in InFinT Acquisition during the first quarter worth $1,385,000. Glazer Capital LLC boosted its position in shares of InFinT Acquisition by 1.9% in the 4th quarter. Glazer Capital LLC now owns 454,214 shares of the company’s stock valued at $5,096,000 after purchasing an additional 8,344 shares during the period. Cowen AND Company LLC boosted its position in shares of InFinT Acquisition by 113.6% in the 4th quarter. Cowen AND Company LLC now owns 530,678 shares of the company’s stock valued at $5,954,000 after purchasing an additional 282,233 shares during the period. Finally, BCK Capital Management LP acquired a new stake in InFinT Acquisition during the 4th quarter worth about $449,000. Institutional investors and hedge funds own 56.01% of the company’s stock.

InFinT Acquisition Stock Up 0.5 %

Shares of IFIN traded up $0.06 during midday trading on Monday, reaching $11.76. 76,661 shares of the stock were exchanged, compared to its average volume of 28,286. InFinT Acquisition Co. has a 12-month low of $10.87 and a 12-month high of $11.79. The firm has a 50 day simple moving average of $11.62 and a 200-day simple moving average of $11.48.

About InFinT Acquisition

InFinT Acquisition Corporation does not have significant operations. The company focuses on share exchange, share reconstruction, and amalgamation with similar business combination with one or more businesses or entities. It intends to focus on businesses in financial services and technology sectors in North America, Asia, Latin America, Europe, and Israel.