Denali Capital Acquisition Corp. (NASDAQ:DECA – Get Free Report)’s share price was down 0.7% on Friday . The stock traded as low as $12.08 and last traded at $12.15. Approximately 809 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 18,107 shares. The stock had previously closed at $12.24.
Denali Capital Acquisition Stock Down 0.7 %
The business has a fifty day moving average of $12.00 and a two-hundred day moving average of $11.82.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Denali Capital Acquisition stock. Virtu Financial LLC acquired a new stake in shares of Denali Capital Acquisition Corp. (NASDAQ:DECA – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 19,796 shares of the company’s stock, valued at approximately $228,000.
About Denali Capital Acquisition
Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. It intends to complete a business combination with companies primarily operating in the technology, consumer, and hospitality sectors.
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