Logan Stone Capital LLC Invests $2.15 Million in Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA)

Logan Stone Capital LLC purchased a new position in Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 184,176 shares of the company's stock, valued at approximately $2,146,000. Logan Stone Capital LLC owned about 1.30% of Mountain & Co. I Acquisition Corp. as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. K2 Principal Fund L.P. boosted its stake in Mountain & Co. I Acquisition Corp. by 456.0% in the 4th quarter. K2 Principal Fund L.P. now owns 98,848 shares of the company's stock worth $1,117,000 after purchasing an additional 81,071 shares during the period. Wolverine Asset Management LLC boosted its stake in Mountain & Co. I Acquisition Corp. by 783.2% in the 2nd 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 during the period. Spartan Fund Management Inc. boosted its stake in 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 worth $1,722,000 after purchasing an additional 84,408 shares during the period. Quarry LP boosted its stake in Mountain & Co. I Acquisition Corp. by 30.0% in the 4th quarter. Quarry LP now owns 520,000 shares of the company's stock worth $5,876,000 after purchasing an additional 120,000 shares during the period. Finally, Berkley W R Corp boosted its stake in Mountain & Co. I Acquisition Corp. by 0.6% in the 4th quarter. Berkley W R Corp now owns 544,035 shares of the company's stock worth $6,148,000 after purchasing an additional 3,111 shares during the period. Institutional investors and hedge funds own 64.23% of the company's stock.

Mountain & Co. I Acquisition Corp. Trading Down 0.1 %

Shares of NASDAQ:MCAA traded down $0.01 during trading on Friday, reaching $11.71. 250,026 shares of the company traded hands, compared to its average volume of 73,112. The firm has a fifty day simple moving average of $11.69 and a 200 day simple moving average of $11.61. Mountain & Co. I Acquisition Corp. has a 1-year low of $11.09 and a 1-year high of $11.74.

Mountain & Co. I Acquisition Corp. Profile

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.