International Media Acquisition Corp. (NASDAQ:IMAQU – Get Rating) traded up 0.6% on Monday . The stock traded as high as $10.30 and last traded at $10.30. 200 shares changed hands during trading, a decline of 80% from the average session volume of 1,000 shares. The stock had previously closed at $10.24.

International Media Acquisition Price Performance

The stock has a 50 day moving average price of $10.27 and a two-hundred day moving average price of $10.24.

Institutional Trading of International Media Acquisition

A hedge fund recently raised its stake in International Media Acquisition stock. SkyView Investment Advisors LLC increased its holdings in shares of International Media Acquisition Corp. (NASDAQ:IMAQU – Get Rating) by 3.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 78,664 shares of the company's stock after buying an additional 2,565 shares during the quarter. SkyView Investment Advisors LLC's holdings in International Media Acquisition were worth $798,000 at the end of the most recent reporting period.

International Media Acquisition Company Profile

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International Media Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. The company was incorporated in 2021 and is based in North Brunswick, New Jersey.

Further Reading

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