Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU – Get Rating)'s stock price rose 0.3% during mid-day trading on Thursday . The company traded as high as $10.28 and last traded at $10.28. Approximately 2,600 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 29,623 shares. The stock had previously closed at $10.25.
Mountain & Co. I Acquisition Corp. Price Performance
The stock has a 50-day simple moving average of $10.21 and a 200-day simple moving average of $10.19.
Get Mountain & Co. I Acquisition Corp. alerts:Hedge Funds Weigh In On Mountain & Co. I Acquisition Corp.
Several hedge funds have recently made changes to their positions in MCAAU. Spartan Fund Management Inc. purchased a new position in shares of Mountain & Co. I Acquisition Corp. in the first quarter valued at $892,000. Cubist Systematic Strategies LLC bought a new stake in Mountain & Co. I Acquisition Corp. during the second quarter valued at $156,000. State Street Corp bought a new stake in Mountain & Co. I Acquisition Corp. during the first quarter valued at $134,000. Finally, Wolverine Asset Management LLC boosted its stake in Mountain & Co. I Acquisition Corp. by 192.0% during the second quarter. Wolverine Asset Management LLC now owns 10,377 shares of the company's stock valued at $104,000 after buying an additional 6,823 shares during the period.
About Mountain & Co. I Acquisition Corp.
(Get Rating)Mountain & Co I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities in consumer Internet and B2B digital infrastructure sectors.
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