Americas Technology Acquisition (NYSEARCA:ATA) Shares Pass Above Two Hundred Day Moving Average of $10.59

Americas Technology Acquisition Corp. (NYSEARCA:ATA) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.59 and traded as high as $10.59. Americas Technology Acquisition shares last traded at $10.59, with a volume of 200 shares traded.

Americas Technology Acquisition Stock Up 0.0 %

The company has a fifty day moving average of $10.59 and a two-hundred day moving average of $10.59.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Americas Technology Acquisition stock. Hsbc Holdings PLC raised its holdings in shares of Americas Technology Acquisition Corp. (NYSEARCA:ATA) by 4.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 562,426 shares of the company’s stock after buying an additional 26,000 shares during the quarter. Hsbc Holdings PLC owned about 3.88% of Americas Technology Acquisition worth $5,754,000 as of its most recent SEC filing. 55.60% of the stock is currently owned by institutional investors and hedge funds.

About Americas Technology Acquisition

Americas Technology Acquisition Corp. does not have significant operations. It intends to acquire assets and businesses through a merger, share exchange, share purchase, recapitalization, reorganization, or similar business combination in the technology, media, and telecommunications sector. The company was incorporated in 2020 and is based in Dallas, Texas.