Keen Vision Acquisition (NASDAQ:KVAC) Stock Price Up 0.1% – Should You Buy?

Keen Vision Acquisition Co. (NASDAQ:KVAC)’s stock price traded up 0.1% during mid-day trading on Friday . The company traded as high as $11.02 and last traded at $11.02. 106 shares changed hands during trading, a decline of 100% from the average session volume of 50,234 shares. The stock had previously closed at $11.00.

Keen Vision Acquisition Stock Up 0.1 %

The business’s 50 day moving average is $10.93 and its 200-day moving average is $10.79.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Dakota Wealth Management boosted its holdings in Keen Vision Acquisition by 40.2% in the 3rd quarter. Dakota Wealth Management now owns 43,600 shares of the company’s stock worth $469,000 after buying an additional 12,500 shares during the last quarter. Quarry LP purchased a new position in shares of Keen Vision Acquisition in the third quarter valued at approximately $4,136,000. Wolverine Asset Management LLC boosted its stake in shares of Keen Vision Acquisition by 34.2% in the third quarter. Wolverine Asset Management LLC now owns 885,388 shares of the company’s stock worth $9,527,000 after acquiring an additional 225,839 shares during the last quarter. Berkley W R Corp increased its position in shares of Keen Vision Acquisition by 97.4% during the second quarter. Berkley W R Corp now owns 952,209 shares of the company’s stock worth $10,093,000 after purchasing an additional 469,903 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its stake in Keen Vision Acquisition by 2,258.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 1,353,000 shares of the company’s stock valued at $14,491,000 after purchasing an additional 1,295,637 shares during the last quarter. Institutional investors and hedge funds own 51.72% of the company’s stock.

About Keen Vision Acquisition

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.