Perception Capital Corp. III (NASDAQ:PFTAU) Stock Price Up 7.4%

Shares of Perception Capital Corp. III (NASDAQ:PFTAU) shot up 7.4% during mid-day trading on Thursday . The stock traded as high as $12.45 and last traded at $11.50. 10,337 shares were traded during mid-day trading, an increase of 362% from the average session volume of 2,236 shares. The stock had previously closed at $10.71.

Perception Capital Corp. III Stock Performance

The stock’s 50-day simple moving average is $10.96 and its 200 day simple moving average is $10.83.

Hedge Funds Weigh In On Perception Capital Corp. III

An institutional investor recently raised its position in Perception Capital Corp. III stock. Clear Street LLC grew its holdings in shares of Perception Capital Corp. III (NASDAQ:PFTAU) by 1,622.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,942 shares of the company’s stock after buying an additional 17,842 shares during the period. Clear Street LLC’s holdings in Perception Capital Corp. III were worth $210,000 as of its most recent filing with the SEC.

Perception Capital Corp. III Company Profile

Perception Capital Corp. III 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 or entities in the financial technology or financial services ecosystem. The company was formerly known as Portage Fintech Acquisition Corporation and changed its name to Perception Capital Corp.