Jaws Mustang Acquisition (NYSE:JWSM) Shares Up 0.4%

Shares of Jaws Mustang Acquisition Co. (NYSE:JWSM) shot up 0.4% during mid-day trading on Friday . The company traded as high as $11.30 and last traded at $11.30. 5,031 shares changed hands during trading, a decline of 44% from the average session volume of 8,967 shares. The stock had previously closed at $11.26.

Jaws Mustang Acquisition Stock Performance

The stock’s 50-day moving average price is $11.20 and its 200-day moving average price is $11.11.

Hedge Funds Weigh In On Jaws Mustang Acquisition

Large investors have recently bought and sold shares of the business. Virtu Financial LLC lifted its holdings in Jaws Mustang Acquisition by 14.2% in the first quarter. Virtu Financial LLC now owns 21,442 shares of the company’s stock valued at $235,000 after buying an additional 2,659 shares during the period. K2 Principal Fund L.P. bought a new stake in Jaws Mustang Acquisition in the fourth quarter valued at approximately $467,000. Finally, Wolverine Asset Management LLC bought a new stake in Jaws Mustang Acquisition in the second quarter valued at approximately $985,000.

Jaws Mustang Acquisition Company Profile

Jaws Mustang Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Miami Beach, Florida.