40,000 Shares in InFinT Acquisition Co. (NYSE:IFIN) Purchased by BCK Capital Management LP

BCK Capital Management LP acquired a new position in shares of InFinT Acquisition Co. (NYSE:IFIN) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 40,000 shares of the company’s stock, valued at approximately $449,000.

Separately, Westchester Capital Management LLC grew its stake in shares of InFinT Acquisition by 46.1% during the third quarter. Westchester Capital Management LLC now owns 409,561 shares of the company’s stock worth $4,517,000 after purchasing an additional 129,287 shares in the last quarter. 56.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling at InFinT Acquisition

In other InFinT Acquisition news, major shareholder Cowen Inc. sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $11.36, for a total value of $56,800.00. Following the completion of the transaction, the insider now owns 374,878 shares in the company, valued at $4,258,614.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 43.30% of the stock is currently owned by insiders.

InFinT Acquisition Stock Performance

Shares of IFIN stock remained flat at $11.50 on Monday. 13 shares of the company were exchanged, compared to its average volume of 39,313. InFinT Acquisition Co. has a 12-month low of $10.65 and a 12-month high of $11.54. The company’s fifty day moving average price is $11.44 and its 200 day moving average price is $11.30.

About InFinT Acquisition

InFinT Acquisition Corporation does not have significant operations. The company focuses on share exchange, share reconstruction, and amalgamation with similar business combination with one or more businesses or entities. It intends to focus on businesses in financial services and technology sectors in North America, Asia, Latin America, Europe, and Israel.