Indigo Acquisition (NASDAQ:INACU) Stock Price Up 0.1% – Here’s What Happened

Indigo Acquisition Corp. (NASDAQ:INACU) shares rose 0.1% during trading on Monday . The company traded as high as $10.40 and last traded at $10.3390. Approximately 773 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 637 shares. The stock had previously closed at $10.33.

Indigo Acquisition Stock Up 0.1%

The business has a fifty day moving average of $10.29 and a 200 day moving average of $10.24.

Institutional Trading of Indigo Acquisition

Several hedge funds have recently made changes to their positions in INACU. JPMorgan Chase & Co. acquired a new stake in Indigo Acquisition in the 3rd quarter valued at approximately $253,000. BCK Capital Management LP acquired a new stake in Indigo Acquisition in the 3rd quarter valued at approximately $870,000. Yakira Capital Management Inc. acquired a new stake in Indigo Acquisition in the 3rd quarter valued at approximately $272,000. Schonfeld Strategic Advisors LLC acquired a new stake in Indigo Acquisition in the 3rd quarter valued at approximately $202,000. Finally, Bulldog Investors LLP acquired a new stake in Indigo Acquisition in the 3rd quarter valued at approximately $192,000.

About Indigo Acquisition

Indigo Acquisition Corp. is a blank check company incorporated in Delaware and listed on the Nasdaq under the ticker INACU. The company was formed for the purpose of effecting a business combination, such as a merger, capital stock exchange, asset acquisition or similar transaction, with one or more target businesses.

While Indigo Acquisition has not yet announced a definitive combination, it is structured to seek opportunities in sectors aligned with the expertise of its sponsor, including aerospace, aviation and related industries.