Four Leaf Acquisition (NASDAQ:FORL) Stock Price Down 0.5% – What’s Next?

Four Leaf Acquisition Co. (NASDAQ:FORL) shares fell 0.5% during trading on Thursday . The company traded as low as $11.06 and last traded at $11.06. 731 shares changed hands during trading, a decline of 4% from the average session volume of 758 shares. The stock had previously closed at $11.11.

Four Leaf Acquisition Price Performance

The company’s 50 day moving average is $11.07 and its two-hundred day moving average is $11.02.

Hedge Funds Weigh In On Four Leaf Acquisition

A number of hedge funds have recently made changes to their positions in the business. K2 Principal Fund L.P. acquired a new stake in shares of Four Leaf Acquisition during the 2nd quarter valued at about $1,587,000. SkyView Investment Advisors LLC bought a new position in Four Leaf Acquisition during the second quarter worth about $383,000. Clear Street LLC bought a new stake in shares of Four Leaf Acquisition in the 2nd quarter valued at approximately $320,000. Berkley W R Corp bought a new stake in shares of Four Leaf Acquisition in the 3rd quarter valued at approximately $1,456,000. Finally, Virtu Financial LLC acquired a new position in shares of Four Leaf Acquisition in the 3rd quarter worth approximately $206,000. Institutional investors and hedge funds own 72.96% of the company’s stock.

About Four Leaf Acquisition

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.