Global Blockchain Acquisition Corp. (NASDAQ:GBBK – Get Free Report)’s stock price fell 0.3% during trading on Tuesday . The company traded as low as $11.28 and last traded at $11.33. 100 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 8,808 shares. The stock had previously closed at $11.36.
Global Blockchain Acquisition Price Performance
The stock has a fifty day simple moving average of $11.27 and a two-hundred day simple moving average of $11.14.
Institutional Trading of Global Blockchain Acquisition
An institutional investor recently bought a new position in Global Blockchain Acquisition stock. Polar Asset Management Partners Inc. bought a new position in shares of Global Blockchain Acquisition Corp. (NASDAQ:GBBK – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 150,000 shares of the company’s stock, valued at approximately $1,659,000. Polar Asset Management Partners Inc. owned approximately 2.75% of Global Blockchain Acquisition as of its most recent filing with the SEC. 33.57% of the stock is currently owned by institutional investors.
About Global Blockchain Acquisition
Global Blockchain Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.
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