VPC Impact Acquisition Sees Unusually Large Options Volume (NASDAQ:VIH)

[view original post]

VPC Impact Acquisition Holdings (NASDAQ:VIH) saw unusually large options trading activity on Thursday. Investors purchased 107,645 call options on the stock. This is an increase of approximately 2,114% compared to the typical daily volume of 4,863 call options.

Shares of VIH opened at $14.68 on Friday. VPC Impact Acquisition has a 52-week low of $9.07 and a 52-week high of $22.56. The firm’s fifty day moving average is $18.40 and its two-hundred day moving average is $12.98.

Several large investors have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC purchased a new position in shares of VPC Impact Acquisition during the 1st quarter worth approximately $151,000. Geode Capital Management LLC purchased a new position in shares of VPC Impact Acquisition during the 2nd quarter worth approximately $153,000. Warberg Asset Management LLC purchased a new position in shares of VPC Impact Acquisition during the 2nd quarter worth approximately $118,000. Context Capital Management LLC purchased a new position in shares of VPC Impact Acquisition during the 2nd quarter worth approximately $520,000. Finally, Citigroup Inc. purchased a new position in shares of VPC Impact Acquisition during the 2nd quarter worth approximately $51,000. 52.53% of the stock is owned by hedge funds and other institutional investors.

VPC Impact Acquisition Company Profile

VPC Impact Acquisition Holdings is a blank check company. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based headquartered in Chicago, Illinois.

Featured Story: Quiet Period Expirations

Want More Great Investing Ideas?