GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $9.99 and traded as high as $10.05. GigCapital4 shares last traded at $10.05, with a volume of 239 shares traded.
GigCapital4 Stock Up 0.2 %
The firm’s 50-day moving average price is $9.99.
Hedge Funds Weigh In On GigCapital4
A number of hedge funds and other institutional investors have recently bought and sold shares of GIG. Berkley W R Corp bought a new stake in shares of GigCapital4 during the 3rd quarter worth about $2,701,000. Glazer Capital LLC bought a new stake in shares of GigCapital4 during the third quarter worth approximately $2,386,000. Finally, ATW Spac Management LLC acquired a new position in shares of GigCapital4 in the third quarter valued at approximately $1,102,000.
About GigCapital4
GigCapital4, Inc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets. The company was incorporated in 2020 and is headquartered in Palo Alto, California.
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