Pearl Holdings Acquisition (NASDAQ:PRLH) Stock Price Down 0.1%

Pearl Holdings Acquisition Corp (NASDAQ:PRLH) fell 0.1% during mid-day trading on Wednesday . The stock traded as low as $11.05 and last traded at $11.05. 5,109 shares were traded during trading, a decline of 43% from the average session volume of 8,932 shares. The stock had previously closed at $11.06.

Pearl Holdings Acquisition Stock Up 0.2 %

The business’s 50 day moving average is $11.02 and its 200-day moving average is $10.87.

Institutional Investors Weigh In On Pearl Holdings Acquisition

A hedge fund recently bought a new stake in Pearl Holdings Acquisition stock. K2 Principal Fund L.P. purchased a new position in Pearl Holdings Acquisition Corp (NASDAQ:PRLH) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 100,000 shares of the company’s stock, valued at approximately $1,071,000. K2 Principal Fund L.P. owned 0.40% of Pearl Holdings Acquisition as of its most recent SEC filing. Hedge funds and other institutional investors own 8.31% of the company’s stock.

About Pearl Holdings Acquisition

Pearl Holdings Acquisition Corp 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 intends to focus its search for a target business operating in the lifestyle, health and wellness, and technology sectors.