MYDA Advisors LLC Makes New Investment in Foresight Acquisition Corp. (OTCMKTS:FOREU)

MYDA Advisors LLC acquired a new position in shares of Foresight Acquisition Corp. (OTCMKTS:FOREU) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 100,000 shares of the company’s stock, valued at approximately $991,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FOREU. Dakota Wealth Management purchased a new position in Foresight Acquisition during the 1st quarter worth approximately $149,000. Privium Fund Management UK Ltd purchased a new position in Foresight Acquisition during the 1st quarter worth approximately $198,000. Harbor Advisors LLC purchased a new position in Foresight Acquisition during the 1st quarter worth approximately $198,000. Levin Capital Strategies L.P. purchased a new position in Foresight Acquisition during the 1st quarter worth approximately $235,000. Finally, UBS Group AG purchased a new position in Foresight Acquisition during the 1st quarter worth approximately $253,000.

Shares of OTCMKTS:FOREU traded down $0.06 during trading on Friday, reaching $10.27. 28,406 shares of the company traded hands, compared to its average volume of 190,100. The company has a fifty day simple moving average of $10.06. Foresight Acquisition Corp. has a 1-year low of $9.75 and a 1-year high of $10.56.

Foresight Acquisition Company Profile

Foresight Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2020 and is based in Chicago, Illinois.

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Institutional Ownership by Quarter for Foresight Acquisition (OTCMKTS:FOREU)

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