Integral Acquisition Co. 1 (NASDAQ:INTE) Trading 0.2% Higher – Should You Buy?

Integral Acquisition Co. 1 (NASDAQ:INTE)’s share price traded up 0.2% on Wednesday . The stock traded as high as $11.27 and last traded at $11.27. 18,600 shares traded hands during mid-day trading, an increase of 58% from the average session volume of 11,779 shares. The stock had previously closed at $11.25.

Integral Acquisition Co. 1 Price Performance

The stock’s 50 day moving average price is $11.15 and its two-hundred day moving average price is $11.02.

Institutional Investors Weigh In On Integral Acquisition Co. 1

Several hedge funds and other institutional investors have recently made changes to their positions in the business. K2 Principal Fund L.P. bought a new stake in shares of Integral Acquisition Co. 1 in the 1st quarter worth approximately $540,000. Virtu Financial LLC bought a new position in Integral Acquisition Co. 1 during the 1st quarter valued at about $224,000. Finally, Berkley W R Corp boosted its holdings in shares of Integral Acquisition Co. 1 by 12.8% in the 2nd quarter. Berkley W R Corp now owns 168,978 shares of the company’s stock worth $1,859,000 after acquiring an additional 19,236 shares in the last quarter. 96.82% of the stock is owned by institutional investors and hedge funds.

Integral Acquisition Co. 1 Company Profile

Integral Acquisition Corporation 1 does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focusses on acquiring technology-oriented companies in Australia and New Zealand.