Big Cypress Acquisition (OTCMKTS:BCYP) Stock Crosses Below 200-Day Moving Average of $8.44
Big Cypress Acquisition Corp. (OTCMKTS:BCYP – Get Rating)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.44 and traded as low as $8.21. Big Cypress Acquisition shares last traded at $8.44, with a volume of 15,335,101 shares changing hands.
Big Cypress Acquisition Price Performance
The company has a 50-day moving average price of $8.44 and a 200-day moving average price of $8.44.
Institutional Trading of Big Cypress Acquisition
A hedge fund recently bought a new stake in Big Cypress Acquisition stock. AE Wealth Management LLC bought a new stake in Big Cypress Acquisition Corp. (OTCMKTS:BCYP – Get Rating) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 18,700 shares of the technology company’s stock, valued at approximately $70,000. AE Wealth Management LLC owned about 0.13% of Big Cypress Acquisition at the end of the most recent quarter. Hedge funds and other institutional investors own 60.21% of the company’s stock.
About Big Cypress Acquisition
Big Cypress Acquisition Corp. does not have significant operations. The company intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or similar business combination. It primarily focuses in the life science sector. The company was incorporated in 2020 and is based in Miami Beach, Florida.
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