Four Leaf Acquisition (NASDAQ:FORL) Shares Down 0.5% – Time to Sell?

Four Leaf Acquisition Co. (NASDAQ:FORL) shares fell 0.5% during mid-day trading on Thursday . The stock traded as low as $11.06 and last traded at $11.06. 731 shares traded hands during trading, a decline of 4% from the average session volume of 758 shares. The stock had previously closed at $11.11.

Four Leaf Acquisition Stock Performance

The stock has a fifty day moving average price of $11.07 and a 200 day moving average price of $11.02.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FORL. Virtu Financial LLC acquired a new stake in shares of Four Leaf Acquisition in the third quarter valued at about $206,000. Clear Street LLC acquired a new stake in Four Leaf Acquisition in the 2nd quarter valued at approximately $320,000. SkyView Investment Advisors LLC bought a new position in Four Leaf Acquisition in the 2nd quarter worth approximately $383,000. Berkley W R Corp acquired a new position in shares of Four Leaf Acquisition during the third quarter worth approximately $1,456,000. Finally, K2 Principal Fund L.P. bought a new stake in shares of Four Leaf Acquisition in the second quarter valued at approximately $1,587,000. Institutional investors and hedge funds own 72.96% of the company’s stock.

About Four Leaf Acquisition

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.