Integral Acquisition Co. 1 (NASDAQ:INTE) Trading Up 0.2% – Should You Buy?

Shares of Integral Acquisition Co. 1 (NASDAQ:INTE) rose 0.2% during trading on Wednesday . The company traded as high as $11.27 and last traded at $11.27. Approximately 18,600 shares changed hands during trading, an increase of 58% from the average daily volume of 11,779 shares. The stock had previously closed at $11.25.

Integral Acquisition Co. 1 Stock Up 0.2 %

The company’s fifty day moving average is $11.15 and its 200 day moving average is $11.02.

Hedge Funds Weigh In On Integral Acquisition Co. 1

A number of large investors have recently made changes to their positions in the stock. K2 Principal Fund L.P. bought a new stake in shares of Integral Acquisition Co. 1 during the 1st quarter valued at $540,000. Virtu Financial LLC bought a new position in Integral Acquisition Co. 1 in the 1st quarter worth about $224,000. Finally, Berkley W R Corp grew its holdings in Integral Acquisition Co. 1 by 12.8% during the 2nd quarter. Berkley W R Corp now owns 168,978 shares of the company’s stock valued at $1,859,000 after buying an additional 19,236 shares in the last quarter. 96.82% of the stock is owned by institutional investors.

Integral Acquisition Co. 1 Company Profile

Integral Acquisition Corporation 1 does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focusses on acquiring technology-oriented companies in Australia and New Zealand.