Battery Future Acquisition (NYSE:BFAC) Trading Down 0.1%

Battery Future Acquisition Corp. (NYSE:BFAC)’s stock price was down 0.1% on Monday . The stock traded as low as $11.07 and last traded at $11.08. Approximately 7,434 shares traded hands during trading, a decline of 56% from the average daily volume of 17,024 shares. The stock had previously closed at $11.09.

Battery Future Acquisition Stock Performance

The firm’s 50-day moving average is $11.01 and its 200 day moving average is $10.92.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BFAC. Deltec Asset Management LLC acquired a new stake in Battery Future Acquisition during the 4th quarter valued at approximately $542,000. Quarry LP acquired a new position in Battery Future Acquisition in the fourth quarter valued at $1,131,000. Finally, Robinson Capital Management LLC bought a new stake in Battery Future Acquisition during the fourth quarter valued at $753,000. 74.70% of the stock is owned by institutional investors.

About Battery Future Acquisition

Battery Future Acquisition Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to search on industries spearheading the shift from fossil fuels to electrification, including companies in the battery value chain.