Battery Future Acquisition (NYSE:BFAC) Stock Price Down 0.1%

Battery Future Acquisition Corp. (NYSE:BFACGet Free Report)’s stock price fell 0.1% during trading on Thursday . The company traded as low as $10.98 and last traded at $10.98. 50,023 shares changed hands during mid-day trading, an increase of 256% from the average session volume of 14,047 shares. The stock had previously closed at $10.99.

Battery Future Acquisition Stock Down 0.1 %

The business’s 50 day simple moving average is $10.92 and its two-hundred day simple moving average is $10.87.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. First Trust Capital Management L.P. lifted its position in shares of Battery Future Acquisition by 69.7% during the first quarter. First Trust Capital Management L.P. now owns 888,756 shares of the company’s stock valued at $9,279,000 after purchasing an additional 365,185 shares in the last quarter. Mizuho Securities USA LLC bought a new stake in Battery Future Acquisition in the second quarter worth about $8,432,000. Castle Creek Arbitrage LLC bought a new stake in Battery Future Acquisition in the second quarter worth about $7,331,000. Nomura Holdings Inc. bought a new stake in Battery Future Acquisition in the first quarter worth about $6,849,000. Finally, Berkley W R Corp raised its position in Battery Future Acquisition by 168.2% in the second quarter. Berkley W R Corp now owns 530,499 shares of the company’s stock worth $5,623,000 after acquiring an additional 332,679 shares during the period. 36.51% of the stock is owned by institutional investors.

About Battery Future Acquisition

(Get Free Report)

Battery Future Acquisition Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to search on industries spearheading the shift from fossil fuels to electrification, including companies in the battery value chain.

Further Reading

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