Perception Capital Corp. III (NASDAQ:PFTA) Trading Down 0.6%

Shares of Perception Capital Corp. III (NASDAQ:PFTA) traded down 0.6% during trading on Friday . The company traded as low as $10.71 and last traded at $10.71. 31,093 shares were traded during mid-day trading, an increase of 98% from the average session volume of 15,678 shares. The stock had previously closed at $10.77.

Perception Capital Corp. III Stock Down 0.6 %

The stock has a 50-day simple moving average of $10.69 and a 200 day simple moving average of $10.59.

Institutional Trading of Perception Capital Corp. III

A number of hedge funds have recently modified their holdings of PFTA. UBS Group AG lifted its position in shares of Perception Capital Corp. III by 129.8% in the 4th quarter. UBS Group AG now owns 3,436 shares of the company’s stock worth $34,000 after acquiring an additional 1,941 shares during the period. Jane Street Group LLC bought a new stake in shares of Perception Capital Corp. III in the 3rd quarter worth approximately $115,000. Boothbay Fund Management LLC bought a new position in shares of Perception Capital Corp. III during the 1st quarter worth approximately $147,000. CSS LLC IL bought a new position in shares of Perception Capital Corp. III during the 4th quarter worth approximately $169,000. Finally, Berkley W R Corp bought a new position in shares of Perception Capital Corp. III during the 1st quarter worth approximately $180,000. Institutional investors own 26.89% of the company’s stock.

Perception Capital Corp. III Company Profile

Perception Capital Corp. III intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial technology or financial services ecosystem. The company was formerly known as Portage Fintech Acquisition Corporation and changed its name to Perception Capital Corp.