Shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA - Get Free Report) rose 0.2% on Thursday . The company traded as high as $11.76 and last traded at $11.76. Approximately 569 shares changed hands during trading, a decline of 99% from the average daily volume of 68,290 shares. The stock had previously closed at $11.74.
Mountain & Co. I Acquisition Corp. Stock Performance
The business's fifty day simple moving average is $11.72 and its two-hundred day simple moving average is $11.65.
Institutional Trading of Mountain & Co. I Acquisition Corp.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC raised its holdings in Mountain & Co. I Acquisition Corp. by 783.2% during the second quarter. Wolverine Asset Management LLC now owns 135,600 shares of the company's stock worth $1,580,000 after purchasing an additional 120,247 shares in the last quarter. Spartan Fund Management Inc. increased its holdings in shares of Mountain & Co. I Acquisition Corp. by 132.9% in the 2nd quarter. Spartan Fund Management Inc. now owns 147,934 shares of the company's stock valued at $1,722,000 after acquiring an additional 84,408 shares during the period. Berkley W R Corp increased its holdings in shares of Mountain & Co. I Acquisition Corp. by 5.8% in the 2nd quarter. Berkley W R Corp now owns 1,214,404 shares of the company's stock valued at $14,148,000 after acquiring an additional 66,683 shares during the period. Logan Stone Capital LLC acquired a new position in shares of Mountain & Co. I Acquisition Corp. in the 2nd quarter valued at $2,146,000. Finally, K2 Principal Fund L.P. increased its holdings in shares of Mountain & Co. I Acquisition Corp. by 82.8% in the 1st quarter. K2 Principal Fund L.P. now owns 180,680 shares of the company's stock valued at $2,076,000 after acquiring an additional 81,832 shares during the period. Institutional investors and hedge funds own 64.23% of the company's stock.
About Mountain & Co. I Acquisition Corp.
(
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Mountain & Co I 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 or entities in consumer Internet and B2B digital infrastructure sectors.
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