Quantum FinTech Acquisition (NYSE:QFTA) Trading 0.7% Higher
Quantum FinTech Acquisition Co. (NYSE:QFTA – Get Free Report) shares were up 0.7% during mid-day trading on Tuesday . The company traded as high as $1.58 and last traded at $1.50. Approximately 7,069 shares traded hands during mid-day trading, an increase of 153% from the average daily volume of 2,791 shares. The stock had previously closed at $1.49.
Quantum FinTech Acquisition Stock Up 0.7 %
The stock has a fifty day moving average price of $3.60 and a 200-day moving average price of $6.94.
Hedge Funds Weigh In On Quantum FinTech Acquisition
A number of hedge funds have recently modified their holdings of QFTA. Cable Car Capital LLC bought a new stake in Quantum FinTech Acquisition during the 4th quarter worth approximately $14,581,000. Clear Street LLC grew its position in Quantum FinTech Acquisition by 37,291.6% during the 4th quarter. Clear Street LLC now owns 66,557 shares of the company’s stock worth $413,000 after acquiring an additional 66,379 shares during the last quarter. TrueMark Investments LLC bought a new stake in Quantum FinTech Acquisition during the 4th quarter worth approximately $85,000. Meteora Capital LLC grew its position in Quantum FinTech Acquisition by 2.8% during the 3rd quarter. Meteora Capital LLC now owns 321,141 shares of the company’s stock worth $3,420,000 after acquiring an additional 8,827 shares during the last quarter. Finally, Mizuho Securities USA LLC bought a new stake in Quantum FinTech Acquisition during the 3rd quarter worth approximately $4,792,000. 30.51% of the stock is owned by institutional investors and hedge funds.
About Quantum FinTech Acquisition
Quantum FinTech Acquisition Corporation does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Tampa, Florida.
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