Compass Digital Acquisition Corp. (NASDAQ:CDAQ - Get Free Report) shares dropped 1.1% during trading on Thursday . The company traded as low as $10.75 and last traded at $10.75. Approximately 2,581 shares traded hands during trading, a decline of 94% from the average daily volume of 40,190 shares. The stock had previously closed at $10.87.
Compass Digital Acquisition Trading Down 1.1 %
The stock has a 50-day simple moving average of $10.82 and a 200 day simple moving average of $10.83.
Institutional Trading of Compass Digital Acquisition
A number of institutional investors have recently bought and sold shares of the company. K2 Principal Fund L.P. purchased a new stake in Compass Digital Acquisition during the second quarter worth $572,000. Clear Street LLC raised its holdings in shares of Compass Digital Acquisition by 15,411.0% in the second quarter. Clear Street LLC now owns 45,292 shares of the company's stock worth $493,000 after acquiring an additional 45,000 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Compass Digital Acquisition in the second quarter worth $504,000. Virtu Financial LLC raised its holdings in shares of Compass Digital Acquisition by 44.7% in the first quarter. Virtu Financial LLC now owns 46,245 shares of the company's stock worth $495,000 after acquiring an additional 14,283 shares during the last quarter. Finally, Tidal Investments LLC acquired a new position in shares of Compass Digital Acquisition in the first quarter worth $249,000. 77.38% of the stock is currently owned by hedge funds and other institutional investors.
About Compass Digital Acquisition
(
Get Free Report)
Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.
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