Shares of GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.04 and traded as high as $10.05. GigCapital4 shares last traded at $10.11, with a volume of 0 shares.
GigCapital4 Trading Up 0.6 %
The company has a 50 day moving average of $10.04.
Institutional Trading of GigCapital4
A number of institutional investors have recently made changes to their positions in GIG. Berkley W R Corp purchased a new stake in shares of GigCapital4 in the 3rd quarter worth about $2,701,000. Glazer Capital LLC bought a new stake in shares of GigCapital4 in the 3rd quarter worth $2,386,000. Finally, ATW Spac Management LLC purchased a new stake in shares of GigCapital4 during the 3rd quarter valued at about $1,102,000.
About GigCapital4
GigCapital4, Inc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets. The company was incorporated in 2020 and is headquartered in Palo Alto, California.
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