Keen Vision Acquisition (NASDAQ:KVAC) Trading 0.1% Higher – What’s Next?

Posted by Trevor Kearing on Jan 18th, 2025

Keen Vision Acquisition Co. (NASDAQ:KVAC – Get Free Report)’s share price shot up 0.1% during trading on Friday . The stock traded as high as $11.02 and last traded at $11.02. 106 shares were traded during mid-day trading, a decline of 100% from the average session volume of 50,234 shares. The stock had previously closed at $11.00.

Keen Vision Acquisition Stock Up 0.1 %

The firm’s 50-day moving average is $10.93 and its 200 day moving average is $10.79.

Institutional Investors Weigh In On Keen Vision Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in KVAC. Dakota Wealth Management boosted its position in shares of Keen Vision Acquisition by 40.2% in the 3rd quarter. Dakota Wealth Management now owns 43,600 shares of the company’s stock worth $469,000 after buying an additional 12,500 shares in the last quarter. Quarry LP acquired a new position in Keen Vision Acquisition in the 3rd quarter valued at about $4,136,000. Wolverine Asset Management LLC raised its stake in Keen Vision Acquisition by 34.2% in the 3rd quarter. Wolverine Asset Management LLC now owns 885,388 shares of the company’s stock valued at $9,527,000 after purchasing an additional 225,839 shares during the last quarter. Berkley W R Corp raised its stake in Keen Vision Acquisition by 97.4% in the 2nd quarter. Berkley W R Corp now owns 952,209 shares of the company’s stock valued at $10,093,000 after purchasing an additional 469,903 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its stake in Keen Vision Acquisition by 2,258.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 1,353,000 shares of the company’s stock valued at $14,491,000 after purchasing an additional 1,295,637 shares during the last quarter. 51.72% of the stock is currently owned by hedge funds and other institutional investors.

About Keen Vision Acquisition

(Get Free Report)

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.