Artemis Strategic Investment Co. (NASDAQ:ARTE – Get Rating)’s stock price was up 0.1% during trading on Tuesday . The company traded as high as $9.99 and last traded at $9.99. Approximately 1,100 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 110,570 shares. The stock had previously closed at $9.98.
Artemis Strategic Investment Price Performance
The business’s fifty day simple moving average is $9.96 and its 200 day simple moving average is $9.93.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. Taconic Capital Advisors LP purchased a new position in shares of Artemis Strategic Investment in the first quarter worth about $2,495,000. Spartan Fund Management Inc. bought a new stake in Artemis Strategic Investment during the first quarter valued at approximately $312,000. Nomura Holdings Inc. bought a new stake in shares of Artemis Strategic Investment in the 1st quarter worth approximately $8,865,000. Radcliffe Capital Management L.P. bought a new stake in shares of Artemis Strategic Investment in the 1st quarter worth approximately $499,000. Finally, Fort Baker Capital Management LP bought a new stake in Artemis Strategic Investment during the 1st quarter valued at $9,989,000. 80.09% of the stock is owned by institutional investors.
About Artemis Strategic Investment
Artemis Strategic Investment Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying a business combination target within the gaming, hospitality, and entertainment industries.
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