CF Acquisition Corp. IV (NASDAQ:CFIV) Sees Strong Trading Volume

CF Acquisition Corp. IV (NASDAQ:CFIV) shares saw an uptick in trading volume on Monday . 3,100 shares were traded during trading, a decline of 97% from the previous session’s volume of 92,971 shares.The stock last traded at $9.72 and had previously closed at $9.73.

The stock’s 50-day moving average price is $9.71 and its 200 day moving average price is $9.76.

Several institutional investors and hedge funds have recently made changes to their positions in CFIV. Polar Asset Management Partners Inc. acquired a new position in shares of CF Acquisition Corp. IV during the first quarter valued at about $22,505,000. Aristeia Capital LLC acquired a new position in shares of CF Acquisition Corp. IV during the first quarter valued at about $21,601,000. Blackstone Group Inc. acquired a new position in CF Acquisition Corp. IV in the first quarter worth about $14,678,000. Highbridge Capital Management LLC acquired a new position in CF Acquisition Corp. IV in the first quarter worth about $13,483,000. Finally, Citadel Advisors LLC acquired a new position in CF Acquisition Corp. IV in the first quarter worth about $12,314,000. 51.22% of the stock is owned by institutional investors and hedge funds.

CF Acquisition Corp. IV Company Profile (NASDAQ:CFIV)

CF Acquisition Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the financial services, healthcare, real estate, technology, and software industries.

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