Sizzle Acquisition (NASDAQ:SZZLU) Trading 0.4% Higher – Time to Buy?

Sizzle Acquisition Corp. (NASDAQ:SZZLU) traded up 0.4% on Monday . The stock traded as high as $10.89 and last traded at $10.50. 88 shares were traded during mid-day trading, a decline of 99% from the average session volume of 14,568 shares. The stock had previously closed at $10.46.

Sizzle Acquisition Price Performance

The firm has a 50-day simple moving average of $10.49 and a two-hundred day simple moving average of $10.42.

Hedge Funds Weigh In On Sizzle Acquisition

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lineage Point Capital LP acquired a new position in shares of Sizzle Acquisition during the fourth quarter worth about $105,000. JPMorgan Chase & Co. acquired a new position in shares of Sizzle Acquisition during the second quarter worth about $2,540,000. Finally, Clear Street Group Inc. grew its position in shares of Sizzle Acquisition by 140.1% during the fourth quarter. Clear Street Group Inc. now owns 83,104 shares of the company’s stock worth $854,000 after buying an additional 48,497 shares in the last quarter.

Sizzle Acquisition Company Profile

Sizzle Acquisition Corp. does not have significant operations. The company intends to focus on entering into merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It focuses on investing in the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, and real estate industries. The company was incorporated in 2020 and is based in Washington, the District of Columbia.