Soaring Eagle Acquisition (NASDAQ:SRNG) Sets New 1-Year High at $11.68

Soaring Eagle Acquisition Corp. (NASDAQ:SRNG)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $11.68 and last traded at $10.25, with a volume of 4634979 shares traded. The stock had previously closed at $10.83.

The firm’s 50 day simple moving average is $10.55.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SRNG. Wells Fargo & Company MN bought a new stake in shares of Soaring Eagle Acquisition during the second quarter valued at about $43,000. Advisor Group Holdings Inc. purchased a new position in shares of Soaring Eagle Acquisition during the second quarter worth about $63,000. Dupont Capital Management Corp purchased a new position in shares of Soaring Eagle Acquisition during the second quarter worth about $100,000. Warberg Asset Management LLC purchased a new position in shares of Soaring Eagle Acquisition during the second quarter worth about $120,000. Finally, CIBC World Markets Inc. purchased a new position in shares of Soaring Eagle Acquisition during the second quarter worth about $167,000. Institutional investors own 41.15% of the company’s stock.

About Soaring Eagle Acquisition (NASDAQ:SRNG)

Soaring Eagle Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Spinning Eagle Acquisition Corp and changed its name to Soaring Eagle Acquisition Corp.

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