Globa Terra Acquisition Corp (NASDAQ:GTERU – Get Free Report)’s share price shot up 0% during mid-day trading on Friday . The company traded as high as $10.46 and last traded at $10.4510. Approximately 2,871 shares were traded during trading, a decline of 89% from the average daily volume of 26,255 shares. The stock had previously closed at $10.45.
Globa Terra Acquisition Trading Up 0.0%
The firm has a fifty day moving average price of $10.44 and a 200 day moving average price of $10.40.
Institutional Trading of Globa Terra Acquisition
Several institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. acquired a new position in shares of Globa Terra Acquisition in the third quarter worth about $255,000. UBS Group AG acquired a new stake in shares of Globa Terra Acquisition during the third quarter valued at approximately $5,460,000. ADAR1 Capital Management LLC acquired a new stake in shares of Globa Terra Acquisition during the third quarter valued at approximately $508,000. Boothbay Fund Management LLC purchased a new stake in shares of Globa Terra Acquisition in the 3rd quarter valued at approximately $1,017,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Globa Terra Acquisition in the 3rd quarter valued at approximately $2,150,000.
Global Terra Acquisition Corp. (NASDAQ:GTERU) is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company was incorporated in Delaware in 2021 and completed its initial public offering later that year, listing its units on the New York Stock Exchange under the symbol GTERU. As of its IPO, the company does not have any ongoing operating business other than identifying and evaluating potential target companies for a business combination.
To date, Global Terra Acquisition Corp.
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