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Portage Fintech Acquisition (NASDAQ:PFTAU) Stock Price Up 0.3%

Defense World ·  Oct 4, 2022 14:42

Portage Fintech Acquisition Co. (NASDAQ:PFTAU – Get Rating)'s stock price rose 0.3% on Monday . The company traded as high as $9.85 and last traded at $9.80. Approximately 4,071 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 7,906 shares. The stock had previously closed at $9.77.

Portage Fintech Acquisition Price Performance

The company has a 50-day simple moving average of $9.77 and a two-hundred day simple moving average of $9.78.

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Institutional Inflows and Outflows

A hedge fund recently raised its stake in Portage Fintech Acquisition stock. Rockefeller Capital Management L.P. increased its stake in shares of Portage Fintech Acquisition Co. (NASDAQ:PFTAU – Get Rating) by 1,226.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,161 shares of the company's stock after acquiring an additional 30,661 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in Portage Fintech Acquisition were worth $325,000 at the end of the most recent quarter.

About Portage Fintech Acquisition

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Portage Fintech Acquisition Corporation 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 incorporated in 2021 and is based in New York, New York.

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