Shares of Equity Distribution Acquisition Corp. (NYSE:EQD – Get Rating) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $9.94 and last traded at $9.94, with a volume of 111937 shares changing hands. The stock had previously closed at $9.93.
The stock’s fifty day moving average price is $9.90 and its 200-day moving average price is $9.87.
Hedge funds have recently modified their holdings of the company. Timelo Investment Management Inc. bought a new stake in shares of Equity Distribution Acquisition in the 4th quarter valued at about $786,000. Marshall Wace LLP bought a new stake in shares of Equity Distribution Acquisition in the 3rd quarter valued at about $2,073,000. Clear Harbor Asset Management LLC grew its stake in Equity Distribution Acquisition by 13.0% in the 4th quarter. Clear Harbor Asset Management LLC now owns 31,231 shares of the company’s stock valued at $307,000 after buying an additional 3,600 shares during the last quarter. Eisler Capital UK Ltd. grew its stake in Equity Distribution Acquisition by 6.0% in the 4th quarter. Eisler Capital UK Ltd. now owns 368,753 shares of the company’s stock valued at $3,623,000 after buying an additional 20,709 shares during the last quarter. Finally, Mariner Investment Group LLC acquired a new position in Equity Distribution Acquisition in the 4th quarter valued at about $100,000. 75.93% of the stock is currently owned by institutional investors.
Equity Distribution Acquisition Company Profile (NYSE:EQD)
Equity Distribution Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses or entities. Equity Distribution Acquisition Corp. was incorporated in 2020 and is based in Chicago, Illinois.
Further Reading
Receive News & Ratings for Equity Distribution Acquisition Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Equity Distribution Acquisition and related companies with MarketBeat.com’s FREE daily email newsletter.
