Northern Star Investment Corp. III (NYSE:NSTC) Share Price Passes Above 200-Day Moving Average of $9.84

Northern Star Investment Corp. III (NYSE:NSTCGet Rating)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.84 and traded as high as $9.97. Northern Star Investment Corp. III shares last traded at $9.95, with a volume of 1,599,698 shares changing hands.

Northern Star Investment Corp. III Trading Up 0.4 %

The firm’s fifty day moving average is $9.89 and its 200 day moving average is $9.84.

Hedge Funds Weigh In On Northern Star Investment Corp. III

Hedge funds have recently added to or reduced their stakes in the company. Myriad Asset Management US LP bought a new position in Northern Star Investment Corp. III during the 2nd quarter valued at about $1,099,000. Saba Capital Management L.P. grew its holdings in Northern Star Investment Corp. III by 23.8% during the 1st quarter. Saba Capital Management L.P. now owns 1,008,730 shares of the technology company’s stock valued at $9,875,000 after purchasing an additional 193,764 shares during the last quarter. RP Investment Advisors LP grew its holdings in Northern Star Investment Corp. III by 7.4% during the 1st quarter. RP Investment Advisors LP now owns 770,629 shares of the technology company’s stock valued at $7,544,000 after purchasing an additional 52,776 shares during the last quarter. Cohanzick Management LLC grew its holdings in Northern Star Investment Corp. III by 421.9% during the 1st quarter. Cohanzick Management LLC now owns 11,220 shares of the technology company’s stock valued at $110,000 after purchasing an additional 9,070 shares during the last quarter. Finally, Toronto Dominion Bank bought a new position in Northern Star Investment Corp. III in the 1st quarter worth about $979,000. 69.56% of the stock is currently owned by institutional investors.

About Northern Star Investment Corp. III

(Get Rating)

Northern Star Investment Corp. III does not have significant operations. It focuses on effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify business opportunities in the field of direct-to-consumer and digitally-disruptive e-commerce spaces.

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