Emmis Acquisition (NASDAQ:EMIS) Stock Price Up 0.2% – What’s Next?

Emmis Acquisition Corp. (NASDAQ:EMISGet Free Report) shares traded up 0.2% on Monday . The stock traded as high as $10.03 and last traded at $10.0480. 11,117 shares changed hands during mid-day trading, The stock had previously closed at $10.03.

Analyst Ratings Changes

Separately, Weiss Ratings started coverage on shares of Emmis Acquisition in a research report on Tuesday, January 27th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

View Our Latest Report on EMIS

Emmis Acquisition Price Performance

The company has a 50-day simple moving average of $10.04.

Institutional Trading of Emmis Acquisition

Several institutional investors and hedge funds have recently added to or reduced their stakes in EMIS. Virtu Financial LLC bought a new position in shares of Emmis Acquisition in the 4th quarter valued at about $178,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Emmis Acquisition during the 4th quarter worth approximately $249,000. ABC Arbitrage SA bought a new stake in shares of Emmis Acquisition during the fourth quarter worth approximately $398,000. Boothbay Fund Management LLC acquired a new position in Emmis Acquisition in the fourth quarter valued at approximately $418,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Emmis Acquisition in the fourth quarter valued at approximately $597,000.

Emmis Acquisition Company Profile

(Get Free Report)

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.

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