Americas Technology Acquisition (NYSEARCA:ATA) Shares Pass Above 200-Day Moving Average of $0.00

Americas Technology Acquisition Corp. (NYSEARCA:ATA) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $10.59. Americas Technology Acquisition shares last traded at $10.59, with a volume of 200 shares changing hands.

Americas Technology Acquisition Stock Up 0.0 %

The stock’s 50-day moving average is $10.59.

Institutional Trading of Americas Technology Acquisition

A hedge fund recently raised its stake in Americas Technology Acquisition stock. Hsbc Holdings PLC raised its position in Americas Technology Acquisition Corp. (NYSEARCA:ATA) by 4.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 562,426 shares of the company’s stock after buying an additional 26,000 shares during the period. Hsbc Holdings PLC owned about 3.88% of Americas Technology Acquisition worth $5,754,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 55.60% of the company’s stock.

Americas Technology Acquisition Company Profile

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.