Jaws Mustang Acquisition (NYSE:JWSM) Stock Price Up 1% – Time to Buy?

Jaws Mustang Acquisition Co. (NYSE:JWSM)’s stock price shot up 1% on Tuesday . The company traded as high as $11.42 and last traded at $11.42. 4,950 shares changed hands during trading, a decline of 42% from the average session volume of 8,532 shares. The stock had previously closed at $11.31.

Jaws Mustang Acquisition Stock Performance

The stock’s 50 day moving average is $11.27 and its two-hundred day moving average is $11.16.

Institutional Trading of Jaws Mustang Acquisition

An institutional investor recently raised its position in Jaws Mustang Acquisition stock. Virtu Financial LLC raised its position in Jaws Mustang Acquisition Co. (NYSE:JWSM) by 14.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 21,442 shares of the company’s stock after acquiring an additional 2,659 shares during the period. Virtu Financial LLC’s holdings in Jaws Mustang Acquisition were worth $235,000 at the end of the most recent reporting period.

Jaws Mustang Acquisition Company Profile

Jaws Mustang Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Miami Beach, Florida.