Prospector Capital (NASDAQ:PRSRU) Trading Down 0.7%

Prospector Capital Corp. (NASDAQ:PRSRUGet Free Report)’s stock price fell 0.7% on Monday . The stock traded as low as $3.60 and last traded at $4.43. 6,300 shares traded hands during mid-day trading, an increase of 97% from the average session volume of 3,202 shares. The stock had previously closed at $4.46.

Prospector Capital Price Performance

The stock’s 50-day simple moving average is $5.21 and its 200 day simple moving average is $8.78.

Institutional Investors Weigh In On Prospector Capital

A hedge fund recently bought a new stake in Prospector Capital stock. Cubist Systematic Strategies LLC bought a new stake in Prospector Capital Corp. (NASDAQ:PRSRUFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,655 shares of the company’s stock, valued at approximately $106,000.

About Prospector Capital

(Get Free Report)

Prospector Capital Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Prospector Capital Corp. was incorporated in 2020 and is based in La Jolla, California.

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