Denali Capital Acquisition Corp. (NASDAQ:DECA – Get Free Report) shares traded down 0.7% on Friday . The company traded as low as $12.08 and last traded at $12.15. 809 shares were traded during trading, a decline of 96% from the average session volume of 18,107 shares. The stock had previously closed at $12.24.
Denali Capital Acquisition Stock Performance
The firm’s 50 day moving average is $12.00 and its 200-day moving average is $11.82.
Institutional Investors Weigh In On Denali Capital Acquisition
An institutional investor recently bought a new position in Denali Capital Acquisition stock. Virtu Financial LLC acquired a new position in shares of Denali Capital Acquisition Corp. (NASDAQ:DECA – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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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