Integral Acquisition Co. 1 (NASDAQ:INTE) Trading Down 3.7% – Should You Sell?

Shares of Integral Acquisition Co. 1 (NASDAQ:INTE) dropped 3.7% during trading on Friday . The company traded as low as $11.07 and last traded at $11.07. Approximately 101 shares traded hands during trading, a decline of 99% from the average daily volume of 12,072 shares. The stock had previously closed at $11.50.

Integral Acquisition Co. 1 Stock Down 3.7 %

The company has a fifty day moving average of $11.23 and a 200-day moving average of $11.16.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Integral Acquisition Co. 1 stock. ATW Spac Management LLC lifted its position in shares of Integral Acquisition Co. 1 (NASDAQ:INTE) by 45.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,920 shares of the company’s stock after buying an additional 5,600 shares during the period. ATW Spac Management LLC owned approximately 0.44% of Integral Acquisition Co. 1 worth $200,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 96.82% of the company’s stock.

Integral Acquisition Co. 1 Company Profile

Integral Acquisition Corporation 1 does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focusses on acquiring technology-oriented companies in Australia and New Zealand.