Valuence Merger Corp. I (NASDAQ:VMCA) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC trimmed its holdings in shares of Valuence Merger Corp. I (NASDAQ:VMCA) by 18.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,700 shares of the company’s stock after selling 31,200 shares during the period. Schechter Investment Advisors LLC owned 1.88% of Valuence Merger Corp. I worth $1,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Valuence Merger Corp. I Price Performance

Shares of NASDAQ VMCA opened at $11.72 on Tuesday. The company has a market capitalization of $86.38 million, a price-to-earnings ratio of 73.26 and a beta of 0.01. The business has a 50-day moving average of $11.61 and a two-hundred day moving average of $11.55. Valuence Merger Corp. I has a 1 year low of $11.17 and a 1 year high of $11.75.

Valuence Merger Corp. I Profile

Valuence Merger Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in developing breakthrough technology in life sciences and/or advancing a platform for sustainable technology in Asia.