Shares of Global Technology Acquisition Corp. I (NASDAQ:GTAC - Get Free Report) dropped 0.2% on Friday . The stock traded as low as $11.48 and last traded at $11.48. Approximately 113 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 13,177 shares. The stock had previously closed at $11.50.
Global Technology Acquisition Corp. I Trading Down 0.2 %
The company has a fifty day moving average of $11.51 and a two-hundred day moving average of $11.34.
Hedge Funds Weigh In On Global Technology Acquisition Corp. I
An institutional investor recently bought a new position in Global Technology Acquisition Corp. I stock. Maverick Capital Ltd. purchased a new position in shares of Global Technology Acquisition Corp. I (NASDAQ:GTAC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,200,000 shares of the company's stock, valued at approximately $13,548,000. Maverick Capital Ltd. owned 16.93% of Global Technology Acquisition Corp. I as of its most recent SEC filing. Institutional investors own 18.83% of the company's stock.
About Global Technology Acquisition Corp. I
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Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify a business combination target within marketplaces, FinTech, and SaaS companies in Europe, Latam, and the United States.
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