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AltC Acquisition (NYSE:ALCC) Sets New 52-Week High - Here's What Happened

AltC Acquisition logo with Oils/Energy background

AltC Acquisition Corp. (NYSE:ALCC - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $19.44 and last traded at $18.06, with a volume of 21245904 shares trading hands. The stock had previously closed at $18.30.

AltC Acquisition Price Performance

The business has a 50-day moving average of $8.97 and a 200 day moving average of $9.78.

Institutional Trading of AltC Acquisition

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALCC. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in AltC Acquisition during the 1st quarter worth approximately $6,754,000. SkyView Investment Advisors LLC bought a new stake in AltC Acquisition during the 1st quarter worth approximately $2,992,000. Herr Investment Group LLC bought a new stake in AltC Acquisition during the 1st quarter worth approximately $1,145,000. Virtu Financial LLC bought a new stake in AltC Acquisition during the 1st quarter worth approximately $163,000. Finally, Walleye Trading LLC increased its holdings in AltC Acquisition by 6.7% during the 1st quarter. Walleye Trading LLC now owns 115,041 shares of the company's stock worth $1,314,000 after purchasing an additional 7,221 shares in the last quarter. 85.03% of the stock is owned by institutional investors.

AltC Acquisition Company Profile

(Get Free Report)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

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