DP Cap Acquisition Corp I (NASDAQ:DPCS - Get Free Report)'s share price was up 3.2% during trading on Wednesday . The stock traded as high as $12.73 and last traded at $11.99. Approximately 1,108 shares changed hands during trading, a decline of 94% from the average daily volume of 19,857 shares. The stock had previously closed at $11.62.
DP Cap Acquisition Corp I Stock Up 0.1 %
The business has a 50 day moving average price of $11.45 and a two-hundred day moving average price of $11.32.
Institutional Trading of DP Cap Acquisition Corp I
A number of large investors have recently added to or reduced their stakes in DPCS. Berkley W R Corp raised its stake in shares of DP Cap Acquisition Corp I by 12.4% in the second quarter. Berkley W R Corp now owns 224,166 shares of the company's stock valued at $2,513,000 after buying an additional 24,810 shares during the period. K2 Principal Fund L.P. bought a new stake in DP Cap Acquisition Corp I in the 1st quarter valued at about $1,060,000. Finally, Cowen AND Company LLC purchased a new stake in DP Cap Acquisition Corp I during the second quarter valued at about $645,000. Hedge funds and other institutional investors own 40.45% of the company's stock.
About DP Cap Acquisition Corp I
(
Get Free Report)
DP Cap Acquisition Corp I 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 acquire companies in the tech-enabled consumer and technology sectors.
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