Jaws Mustang Acquisition (NYSE:JWSM) Stock Price Up 1% – What’s Next?

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 traded hands during mid-day 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 Trading Up 1.0 %

The company’s 50-day moving average is $11.27 and its 200-day moving average is $11.16.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Jaws Mustang Acquisition stock. Wolverine Asset Management LLC purchased a new position in shares of Jaws Mustang Acquisition Co. (NYSE:JWSM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 88,721 shares of the company’s stock, valued at approximately $985,000.

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.