Shares of CSLM Acquisition Corp. (NASDAQ:CSLM - Get Free Report) were up 0.4% during trading on Tuesday . The stock traded as high as $11.32 and last traded at $11.32. Approximately 803 shares were traded during trading, a decline of 98% from the average daily volume of 35,412 shares. The stock had previously closed at $11.28.
CSLM Acquisition Stock Up 0.3 %
The stock has a fifty day moving average of $11.31 and a 200-day moving average of $11.25.
Institutional Trading of CSLM Acquisition
A number of hedge funds have recently modified their holdings of the company. Spartan Fund Management Inc. increased its stake in CSLM Acquisition by 72.4% in the 2nd quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company's stock valued at $228,000 after buying an additional 8,508 shares during the last quarter. K2 Principal Fund L.P. acquired a new stake in shares of CSLM Acquisition in the second quarter valued at about $1,172,000. Logan Stone Capital LLC bought a new stake in CSLM Acquisition during the second quarter worth about $1,571,000. Periscope Capital Inc. raised its holdings in CSLM Acquisition by 0.6% during the first quarter. Periscope Capital Inc. now owns 352,132 shares of the company's stock worth $3,888,000 after acquiring an additional 2,236 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its position in CSLM Acquisition by 11.4% during the first quarter. Mizuho Securities USA LLC now owns 355,494 shares of the company's stock valued at $3,893,000 after purchasing an additional 36,379 shares during the last quarter. 46.80% of the stock is currently owned by institutional investors and hedge funds.
CSLM Acquisition Company Profile
(
Get Free Report)
CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.
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