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Edify Acquisition (OTCMKTS:EACPU) Shares Down 0.2%

Defense World ·  Apr 6, 2023 14:42

Edify Acquisition Corp. (OTCMKTS:EACPU – Get Rating) shares were down 0.2% during mid-day trading on Wednesday . The stock traded as low as $10.23 and last traded at $10.23. Approximately 500 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 4,100 shares. The stock had previously closed at $10.25.

Edify Acquisition Stock Down 0.2 %

The company has a 50 day moving average price of $10.18 and a 200-day moving average price of $10.07.

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Hedge Funds Weigh In On Edify Acquisition

An institutional investor recently raised its position in Edify Acquisition stock. Goldman Sachs Group Inc. lifted its position in shares of Edify Acquisition Corp. (OTCMKTS:EACPU – Get Rating) by 1.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 459,700 shares of the company's stock after acquiring an additional 4,700 shares during the quarter. Goldman Sachs Group Inc.'s holdings in Edify Acquisition were worth $4,523,000 at the end of the most recent reporting period.

Edify Acquisition Company Profile

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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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