Origin Investment Corp I (NASDAQ:ORIQU) Stock Falls 0.1% – Time to Sell?

Origin Investment Corp I (NASDAQ:ORIQU)’s share price fell 0.1% during mid-day trading on Thursday. The company traded as low as $10.44 and last traded at $10.3360. Approximately 2 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 788 shares. The stock had previously closed at $10.35.

Origin Investment Corp I Trading Up 3.1%

The stock’s 50-day simple moving average is $10.39 and its two-hundred day simple moving average is $10.35.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Origin Investment Corp I stock. Clear Street Group Inc. boosted its position in shares of Origin Investment Corp I (NASDAQ:ORIQU) by 1,264.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,622 shares of the company’s stock after buying an additional 45,984 shares during the period. Clear Street Group Inc.’s holdings in Origin Investment Corp I were worth $515,000 at the end of the most recent quarter.

About Origin Investment Corp I

Origin Investment Corp. I is a special purpose acquisition company (SPAC) that was formed to identify and complete a business combination with one or more operating companies. The company does not appear to conduct substantial commercial operations of its own.

Its primary corporate activity is evaluating potential merger, acquisition, or other business-combination opportunities. Before completing a transaction, the company’s securities generally represent an investment vehicle designed to provide shareholders with an opportunity to participate in a future combination.

Publicly available information about Origin Investment Corp.