Aurora Technology Acquisition (NASDAQ:ATAK) Trading Up 1.3%

Aurora Technology Acquisition Corp. (NASDAQ:ATAK)’s share price was up 1.3% during mid-day trading on Thursday . The stock traded as high as $1.24 and last traded at $1.20. Approximately 81,146 shares were traded during trading, a decline of 65% from the average daily volume of 230,708 shares. The stock had previously closed at $1.19.

Aurora Technology Acquisition Stock Performance

The firm has a 50-day moving average price of $1.41 and a 200-day moving average price of $5.86.

Institutional Investors Weigh In On Aurora Technology Acquisition

Large investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC purchased a new stake in Aurora Technology Acquisition in the 1st quarter worth about $163,000. Sea Otter Advisors LLC purchased a new position in Aurora Technology Acquisition during the 1st quarter valued at about $185,000. Centiva Capital LP purchased a new position in Aurora Technology Acquisition during the 2nd quarter valued at about $255,000. Berkley W R Corp grew its holdings in Aurora Technology Acquisition by 15.4% during the 4th quarter. Berkley W R Corp now owns 251,966 shares of the company’s stock valued at $1,129,000 after buying an additional 33,692 shares in the last quarter. Finally, Verition Fund Management LLC purchased a new position in Aurora Technology Acquisition during the 1st quarter valued at about $1,481,000. Hedge funds and other institutional investors own 54.10% of the company’s stock.

About Aurora Technology Acquisition

Aurora Technology Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on businesses in the technology companies, including artificial intelligence, blockchain, quantum computing, and electric vehicles in Asia and North America.