Keen Vision Acquisition (NASDAQ:KVAC) Shares Up 0.2% – Should You Buy?

Keen Vision Acquisition Co. (NASDAQ:KVAC) traded up 0.2% during trading on Friday . The company traded as high as $11.20 and last traded at $11.20. 226 shares were traded during trading, a decline of 100% from the average session volume of 69,407 shares. The stock had previously closed at $11.18.

Keen Vision Acquisition Price Performance

The business’s 50-day moving average is $11.11 and its 200 day moving average is $10.94.

Institutional Trading of Keen Vision Acquisition

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Toronto Dominion Bank purchased a new position in Keen Vision Acquisition during the fourth quarter valued at $304,000. Spartan Fund Management Inc. bought a new position in Keen Vision Acquisition in the 4th quarter valued at approximately $779,000. Yakira Capital Management Inc. bought a new stake in Keen Vision Acquisition in the 4th quarter worth about $2,556,000. Finally, Quarry LP bought a new stake in shares of Keen Vision Acquisition in the third quarter worth approximately $4,136,000. Hedge funds and other institutional investors own 51.72% of the company’s stock.

Keen Vision Acquisition Company Profile

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.