Wolverine Asset Management LLC raised its stake in shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA - Free Report) by 327.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 579,828 shares of the company's stock after acquiring an additional 444,228 shares during the quarter. Wolverine Asset Management LLC owned approximately 4.10% of Mountain & Co. I Acquisition Corp. worth $6,790,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Logan Stone Capital LLC acquired a new position in Mountain & Co. I Acquisition Corp. in the second quarter worth about $2,146,000. 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 last quarter. Spartan Fund Management Inc. raised its position in shares of Mountain & Co. I Acquisition Corp. by 132.9% during 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 in the last quarter. Finally, K2 Principal Fund L.P. lifted its stake in Mountain & Co. I Acquisition Corp. by 82.8% during the first quarter. K2 Principal Fund L.P. now owns 180,680 shares of the company's stock worth $2,076,000 after purchasing an additional 81,832 shares during the last quarter. Institutional investors own 64.23% of the company's stock.
Mountain & Co. I Acquisition Corp. Stock Down 1.0 %
MCAA stock traded down $0.12 during trading on Monday, hitting $11.39. 8,200 shares of the company's stock traded hands, compared to its average volume of 66,611. Mountain & Co. I Acquisition Corp. has a 52 week low of $11.18 and a 52 week high of $12.34. The stock has a fifty day moving average price of $11.70 and a two-hundred day moving average price of $11.66.
About Mountain & Co. I Acquisition Corp.
(
Free Report)
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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