Perceptive Capital Solutions (NASDAQ:PCSC) Trading Down 0.2% – Here’s Why

Perceptive Capital Solutions Corp (NASDAQ:PCSC) was down 0.2% during trading on Wednesday . The company traded as low as $10.28 and last traded at $10.28. Approximately 29,922 shares were traded during mid-day trading, an increase of 141% from the average daily volume of 12,401 shares. The stock had previously closed at $10.30.

Perceptive Capital Solutions Stock Performance

The company’s 50 day moving average is $10.21 and its 200 day moving average is $10.12.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Bulldog Investors LLP acquired a new stake in shares of Perceptive Capital Solutions in the fourth quarter valued at approximately $509,000. DLD Asset Management LP purchased a new position in Perceptive Capital Solutions during the 4th quarter worth $907,000. FNY Investment Advisers LLC increased its stake in Perceptive Capital Solutions by 233.3% in the fourth quarter. FNY Investment Advisers LLC now owns 100,000 shares of the company’s stock valued at $1,018,000 after purchasing an additional 70,000 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Perceptive Capital Solutions by 174.8% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 157,211 shares of the company’s stock valued at $1,600,000 after buying an additional 100,000 shares during the last quarter. Finally, Toronto Dominion Bank acquired a new stake in shares of Perceptive Capital Solutions during the fourth quarter worth about $1,678,000.

About Perceptive Capital Solutions

Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.