Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in Melar Acquisition Corp. I (NASDAQ:MACI - Free Report) by 20.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,000 shares of the company's stock after selling 100,000 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 1.97% of Melar Acquisition Corp. I worth $4,056,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of the business. Wolverine Asset Management LLC increased its holdings in shares of Melar Acquisition Corp. I by 216.1% in the fourth quarter. Wolverine Asset Management LLC now owns 327,172 shares of the company's stock valued at $3,291,000 after purchasing an additional 223,672 shares during the last quarter. Rivernorth Capital Management LLC acquired a new stake in shares of Melar Acquisition Corp. I in the 3rd quarter worth $2,998,000. Tidal Investments LLC purchased a new position in shares of Melar Acquisition Corp. I during the 3rd quarter worth $209,000. Virtu Financial LLC acquired a new position in shares of Melar Acquisition Corp. I during the 3rd quarter valued at about $1,227,000. Finally, Polar Asset Management Partners Inc. purchased a new stake in shares of Melar Acquisition Corp. I in the third quarter valued at about $14,843,000.
Melar Acquisition Corp. I Price Performance
Melar Acquisition Corp. I stock traded up $0.04 during midday trading on Thursday, hitting $10.26. 278 shares of the stock were exchanged, compared to its average volume of 69,800. The stock's 50-day simple moving average is $10.18 and its 200 day simple moving average is $10.08. Melar Acquisition Corp. I has a fifty-two week low of $9.95 and a fifty-two week high of $10.34.
Melar Acquisition Corp. I Profile
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Free Report)
Melar Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Melar Acquisition Corp. I is based in NEW YORK.
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