Data Knights Acquisition (NASDAQ:DKDCA) Stock Price Up 5.5%

Data Knights Acquisition Corp. (NASDAQ:DKDCAGet Free Report)’s stock price traded up 5.5% during mid-day trading on Tuesday . The stock traded as high as $0.82 and last traded at $0.79. 3,338,467 shares changed hands during mid-day trading, an increase of 8,308% from the average session volume of 39,705 shares. The stock had previously closed at $0.75.

Data Knights Acquisition Price Performance

The stock has a 50-day moving average price of $1.00 and a 200-day moving average price of $3.82. The company has a market capitalization of $4.09 million, a price-to-earnings ratio of -4.16 and a beta of 0.18.

Institutional Trading of Data Knights Acquisition

A number of hedge funds have recently modified their holdings of DKDCA. Caas Capital Management LP acquired a new position in shares of Data Knights Acquisition in the second quarter valued at approximately $114,000. Berkley W R Corp grew its holdings in Data Knights Acquisition by 61.6% in the 2nd quarter. Berkley W R Corp now owns 160,149 shares of the company’s stock valued at $1,752,000 after buying an additional 61,050 shares in the last quarter. Glazer Capital LLC increased its position in Data Knights Acquisition by 15.1% during the 4th quarter. Glazer Capital LLC now owns 102,392 shares of the company’s stock worth $1,069,000 after buying an additional 13,395 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of Data Knights Acquisition during the fourth quarter worth $113,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Data Knights Acquisition in the third quarter valued at about $189,000. Institutional investors and hedge funds own 35.35% of the company’s stock.

Data Knights Acquisition Company Profile

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Data Knights Acquisition Corp. 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 in the data centers and internet technology sectors. Data Knights Acquisition Corp.

Further Reading

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