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Edify Acquisition (OTCMKTS:EACPU) Shares Down 3.6%

Defense World ·  Dec 23, 2022 14:41

Edify Acquisition Corp. (OTCMKTS:EACPU – Get Rating) shares traded down 3.6% during trading on Thursday . The company traded as low as $10.04 and last traded at $10.04. 1,600 shares traded hands during trading, a decline of 80% from the average session volume of 8,012 shares. The stock had previously closed at $10.41.

Edify Acquisition Stock Performance

The business has a 50 day moving average of $10.01 and a 200 day moving average of $9.92.

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Hedge Funds Weigh In On Edify Acquisition

Several large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its position in Edify Acquisition by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 459,700 shares of the company's stock worth $4,523,000 after buying an additional 4,700 shares during the period. Cubist Systematic Strategies LLC purchased a new position in Edify Acquisition during the second quarter worth about $1,041,000. Landscape Capital Management L.L.C. lifted its position in Edify Acquisition by 32.2% during the second quarter. Landscape Capital Management L.L.C. now owns 16,731 shares of the company's stock worth $165,000 after buying an additional 4,074 shares during the period. Finally, Wolverine Asset Management LLC lifted its position in Edify Acquisition by 35.7% during the second quarter. Wolverine Asset Management LLC now owns 10,835 shares of the company's stock worth $106,000 after buying an additional 2,850 shares during the period.

About Edify Acquisition

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Edify Acquisition Corp. 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. The company was incorporated in 2020 and is based in New York, New York.

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