Independence (NASDAQ:ACQR) Sees Strong Trading Volume

Shares of Independence Holdings Corp. (NASDAQ:ACQRGet Rating) saw strong trading volume on Thursday . 25,676 shares changed hands during trading, a decline of 77% from the previous session’s volume of 109,772 shares.The stock last traded at $9.81 and had previously closed at $9.80.

The firm’s fifty day moving average is $9.80 and its 200-day moving average is $9.76.

A number of hedge funds have recently modified their holdings of the business. Toronto Dominion Bank bought a new position in shares of Independence during the 4th quarter worth approximately $1,458,000. Bank of Montreal Can acquired a new stake in Independence in the fourth quarter worth $3,409,000. Tegean Capital Management LLC acquired a new position in shares of Independence during the fourth quarter valued at about $97,000. Silver Rock Financial LP acquired a new position in shares of Independence during the fourth quarter valued at about $4,440,000. Finally, CSS LLC IL boosted its position in shares of Independence by 8.0% during the 4th quarter. CSS LLC IL now owns 430,749 shares of the company’s stock worth $4,187,000 after purchasing an additional 31,820 shares in the last quarter. Institutional investors and hedge funds own 90.07% of the company’s stock.

About Independence (NASDAQ:ACQR)

Independence Holdings 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. The company was incorporated in 2020 and is based in New York, New York.

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