Four Leaf Acquisition (NASDAQ:FORL) Shares Down 0.3% – Should You Sell?

Four Leaf Acquisition Co. (NASDAQ:FORL) traded down 0.3% during mid-day trading on Thursday . The stock traded as low as $11.27 and last traded at $11.24. 306 shares traded hands during trading, a decline of 88% from the average session volume of 2,653 shares. The stock had previously closed at $11.27.

Four Leaf Acquisition Price Performance

The stock’s fifty day moving average is $11.14 and its 200 day moving average is $11.06.

Institutional Investors Weigh In On Four Leaf Acquisition

Institutional investors have recently modified their holdings of the stock. Berkley W R Corp bought a new position in shares of Four Leaf Acquisition during the 3rd quarter valued at approximately $1,456,000. Virtu Financial LLC purchased a new position in Four Leaf Acquisition during the third quarter worth $206,000. Toronto Dominion Bank bought a new position in Four Leaf Acquisition during the fourth quarter valued at $2,158,000. Finally, Wolverine Asset Management LLC raised its stake in shares of Four Leaf Acquisition by 13.0% in the third quarter. Wolverine Asset Management LLC now owns 260,886 shares of the company’s stock valued at $2,870,000 after acquiring an additional 29,964 shares during the period. 72.96% of the stock is owned by institutional investors.

About Four Leaf Acquisition

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.