Qell Acquisition (NASDAQ:QELL) Stock Price Down 8.8%

Qell Acquisition Corp. (NASDAQ:QELL) shares fell 8.8% during trading on Tuesday . The stock traded as low as $11.51 and last traded at $12.11. 1,723,715 shares changed hands during trading, an increase of 24% from the average session volume of 1,389,315 shares. The stock had previously closed at $13.28.

Institutional investors and hedge funds have recently modified their holdings of the business. Credit Suisse AG purchased a new stake in Qell Acquisition during the 4th quarter valued at $184,000. Dupont Capital Management Corp purchased a new stake in Qell Acquisition during the 4th quarter valued at $246,000. Walleye Trading LLC purchased a new stake in Qell Acquisition during the 4th quarter valued at $264,000. Walleye Capital LLC bought a new position in shares of Qell Acquisition during the 4th quarter valued at $397,000. Finally, TIG Advisors LLC bought a new position in shares of Qell Acquisition during the 4th quarter valued at $414,000.

About Qell Acquisition (NASDAQ:QELL)

Qell Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded in in 2020 and is based in San Francisco, California.

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