Shares of Edify Acquisition Corp. (OTCMKTS:EACPU – Get Rating) shot up 0.2% during mid-day trading on Tuesday . The stock traded as high as $10.17 and last traded at $10.17. 400 shares were traded during trading, a decline of 94% from the average session volume of 6,900 shares. The stock had previously closed at $10.15.
Edify Acquisition Stock Performance
The firm has a 50 day simple moving average of $10.11 and a 200-day simple moving average of $9.98.
Get Edify Acquisition alerts:Institutional Investors Weigh In On Edify Acquisition
Several hedge funds and other institutional investors have recently added to or reduced their stakes in EACPU. Cubist Systematic Strategies LLC acquired a new stake in Edify Acquisition during the second quarter worth $1,041,000. Goldman Sachs Group Inc. boosted its position in shares of 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. Landscape Capital Management L.L.C. boosted its position in shares of 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 boosted its position in shares of 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
(Get Rating)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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