Voyager Acquisition (NASDAQ:VACH) Shares Gap Up – Still a Buy?

Voyager Acquisition Corp. (NASDAQ:VACH)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $12.90, but opened at $14.00. Voyager Acquisition shares last traded at $16.6660, with a volume of 9,280 shares changing hands.

Voyager Acquisition Stock Performance

The business has a 50 day simple moving average of $11.61 and a 200 day simple moving average of $11.03.

Voyager Acquisition (NASDAQ:VACH) last issued its quarterly earnings data on Wednesday, May 20th. The company reported $0.01 earnings per share for the quarter.

Institutional Trading of Voyager Acquisition

Several hedge funds have recently made changes to their positions in the business. First Trust Capital Management L.P. boosted its stake in shares of Voyager Acquisition by 30.1% in the fourth quarter. First Trust Capital Management L.P. now owns 2,020,947 shares of the company’s stock valued at $21,564,000 after purchasing an additional 468,000 shares during the period. Berkley W R Corp increased its stake in Voyager Acquisition by 46.1% during the 4th quarter. Berkley W R Corp now owns 1,800,824 shares of the company’s stock worth $19,215,000 after buying an additional 567,861 shares during the period. Radcliffe Capital Management L.P. acquired a new stake in Voyager Acquisition during the 2nd quarter worth approximately $5,193,000. Mangrove Partners IM LLC boosted its position in Voyager Acquisition by 4.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 450,000 shares of the company’s stock valued at $4,723,000 after buying an additional 19,797 shares during the period. Finally, Shaolin Capital Management LLC acquired a new position in shares of Voyager Acquisition in the second quarter worth $3,116,000.

About Voyager Acquisition

Voyager Acquisition Corp. (NASDAQ: VACH) is a special purpose acquisition company incorporated as an exempted company with limited liability under the laws of the Cayman Islands. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses, with an emphasis on identifying and partnering with companies in the technology and technology‐enabled services sectors.

Voyager Acquisition Corp.