Keen Vision Acquisition (NASDAQ:KVAC) Trading 0.2% Higher – Here’s What Happened

Keen Vision Acquisition Co. (NASDAQ:KVAC)’s share price traded up 0.2% on Friday . The stock traded as high as $11.20 and last traded at $11.20. 226 shares were traded during trading, a decline of 100% from the average session volume of 69,407 shares. The stock had previously closed at $11.18.

Keen Vision Acquisition Trading Up 0.2 %

The company’s 50-day moving average price is $11.11 and its two-hundred day moving average price is $10.94.

Hedge Funds Weigh In On Keen Vision Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in KVAC. Quarry LP bought a new position in shares of Keen Vision Acquisition during the 3rd quarter valued at $4,136,000. Yakira Capital Management Inc. bought a new stake in Keen Vision Acquisition in the 4th quarter worth $2,556,000. Spartan Fund Management Inc. bought a new stake in Keen Vision Acquisition in the 4th quarter worth $779,000. Finally, Toronto Dominion Bank bought a new stake in Keen Vision Acquisition in the 4th quarter worth $304,000. Institutional investors own 51.72% of the company’s stock.

Keen Vision Acquisition Company Profile

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.