Prospector Capital Corp. (NASDAQ:PRSRW – Get Free Report)’s stock price traded up 12.9% during trading on Wednesday . The stock traded as high as $0.13 and last traded at $0.13. 27,171 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 17,300 shares. The stock had previously closed at $0.12.
Prospector Capital Price Performance
The company’s 50-day moving average is $0.11 and its 200 day moving average is $0.08.
Institutional Investors Weigh In On Prospector Capital
A hedge fund recently bought a new stake in Prospector Capital stock. Saba Capital Management L.P. bought a new position in Prospector Capital Corp. (NASDAQ:PRSRW – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 176,796 shares of the company’s stock, valued at approximately $50,000.
About Prospector Capital
Prospector Capital 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 or entities. Prospector Capital Corp. was incorporated in 2020 and is based in La Jolla, California.
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