Armada Acquisition Corp. I (NASDAQ:AACIW – Get Free Report) was up 30.4% during mid-day trading on Friday . The stock traded as high as $0.13 and last traded at $0.13. Approximately 99,623 shares were traded during mid-day trading, an increase of 333% from the average daily volume of 22,995 shares. The stock had previously closed at $0.10.
Armada Acquisition Corp. I Price Performance
The firm has a fifty day moving average of $0.04 and a 200-day moving average of $0.05.
Institutional Trading of Armada Acquisition Corp. I
An institutional investor recently bought a new position in Armada Acquisition Corp. I stock. EHP Funds Inc. bought a new stake in shares of Armada Acquisition Corp. I (NASDAQ:AACIW – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 294,501 shares of the company’s stock, valued at approximately $89,000.
Armada Acquisition Corp. I Company Profile
Armada Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses in the financial technology industry. The company was incorporated in 2020 and is based in Philadelphia, Pennsylvania.
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