Voyager Acquisition (NASDAQ:VACH) Shares Gap Down – Here’s Why

Voyager Acquisition Corp. (NASDAQ:VACH)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $17.30, but opened at $14.63. Voyager Acquisition shares last traded at $16.3910, with a volume of 9,087 shares.

Voyager Acquisition Trading Down 5.3%

The firm’s fifty day moving average is $11.69 and its 200 day moving average is $11.08.

Voyager Acquisition (NASDAQ:VACH) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $0.01 EPS for the quarter.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. PenderFund Capital Management Ltd. increased its position in Voyager Acquisition by 58.0% in the 4th quarter. PenderFund Capital Management Ltd. now owns 7,900 shares of the company’s stock worth $84,000 after purchasing an additional 2,900 shares during the last quarter. Berkley W R Corp increased its holdings in shares of Voyager Acquisition by 46.1% during the 4th quarter. Berkley W R Corp now owns 1,800,824 shares of the company’s stock valued at $19,215,000 after acquiring an additional 567,861 shares during the last quarter. Quarry LP grew its holdings in Voyager Acquisition by 23.1% in the 4th quarter. Quarry LP now owns 287,921 shares of the company’s stock valued at $3,072,000 after buying an additional 54,084 shares during the last quarter. First Trust Capital Management L.P. grew its holdings in Voyager Acquisition by 30.1% in the 4th quarter. First Trust Capital Management L.P. now owns 2,020,947 shares of the company’s stock valued at $21,564,000 after buying an additional 468,000 shares during the last quarter. Finally, Crossingbridge Advisors LLC increased its position in Voyager Acquisition by 454.5% in the 4th quarter. Crossingbridge Advisors LLC now owns 259,371 shares of the company’s stock worth $2,748,000 after buying an additional 212,592 shares during the period.

Voyager Acquisition Company Profile

Voyager Acquisition Corp. (NASDAQ: VACH) is a special purpose acquisition company incorporated as an exempted company with limited liability under the laws of the Cayman Islands. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses, with an emphasis on identifying and partnering with companies in the technology and technology?enabled services sectors.

Voyager Acquisition Corp.