TLDR:
- JOFF Fintech Acquisition Corp. (OTCMKTS:JOFFU) saw a 0.1% increase in trading on Tuesday.
- An institutional investor, Cubist Systematic Strategies LLC, raised its position in JOFF Fintech Acquisition stock by 330.9%.
Shares of JOFF Fintech Acquisition Corp. (OTCMKTS:JOFFU) rose 0.1% on Tuesday, trading as high as $10.07. The stock has a fifty-day simple moving average of $10.06 and a two-hundred day moving average of $10.06. An institutional investor, Cubist Systematic Strategies LLC, increased its holdings in JOFF Fintech Acquisition by 330.9% during the second quarter. The company, which focuses on business combinations with other businesses, was incorporated in 2020 and is based in New York.
The trading activity showed a slight increase, with approximately 17,100 shares exchanging hands during mid-day trading, up 74% from the average daily volume. The institutional investor’s holdings in JOFF Fintech Acquisition were worth $647,000 at the end of the most recent quarter.
Overall, JOFF Fintech Acquisition’s trading activity and institutional investor interest indicate potential growth and strategic positioning within the market.
