GigCapital5 (NYSE:GIA) Stock Price Up 14.8%

GigCapital5, Inc. (NYSE:GIAGet Free Report) shares traded up 14.8% during trading on Monday . The stock traded as high as $0.68 and last traded at $0.60. 123,425 shares traded hands during trading, an increase of 254% from the average session volume of 34,911 shares. The stock had previously closed at $0.52.

GigCapital5 Trading Up 14.8 %

The company’s fifty day moving average price is $0.78 and its 200 day moving average price is $1.04.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GigCapital5 stock. Cable Car Capital LLC bought a new position in shares of GigCapital5, Inc. (NYSE:GIAFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 400,000 shares of the company’s stock, valued at approximately $4,396,000. GigCapital5 accounts for about 4.9% of Cable Car Capital LLC’s investment portfolio, making the stock its 7th biggest position. Cable Car Capital LLC owned 4.62% of GigCapital5 as of its most recent SEC filing. Institutional investors and hedge funds own 27.31% of the company’s stock.

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