Health Assurance Acquisition (NASDAQ:HAAC) Sees Unusually-High Trading Volume

Shares of Health Assurance Acquisition Corp. (NASDAQ:HAACGet Rating) saw an uptick in trading volume on Tuesday . 18,619 shares changed hands during mid-day trading, a decline of 90% from the previous session’s volume of 177,576 shares.The stock last traded at $9.85 and had previously closed at $9.86.

The company’s fifty day moving average price is $9.83.

Large investors have recently made changes to their positions in the stock. PenderFund Capital Management Ltd. lifted its holdings in shares of Health Assurance Acquisition by 306.2% in the 4th quarter. PenderFund Capital Management Ltd. now owns 5,280 shares of the company’s stock valued at $65,000 after acquiring an additional 3,980 shares during the last quarter. Cohanzick Management LLC purchased a new stake in Health Assurance Acquisition in the 3rd quarter worth about $80,000. Crestline Management LP purchased a new stake in Health Assurance Acquisition in the 3rd quarter worth about $176,000. Gordian Capital Singapore Pte Ltd purchased a new stake in Health Assurance Acquisition in the 4th quarter worth about $178,000. Finally, Credit Suisse AG purchased a new stake in Health Assurance Acquisition in the 3rd quarter worth about $208,000. 67.09% of the stock is owned by hedge funds and other institutional investors.

About Health Assurance Acquisition (NASDAQ:HAAC)

Health Assurance Acquisition Corp. is a blank check company. It intends to merge, share exchange, asset acquisition, share purchase, reorganization, or business combination with one or more businesses. The company was formerly known as Healthcare Assurance Acquisition Corp. and changed its name to Health Assurance Acquisition Corp.

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