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Verition Fund Management LLC Buys New Position in Papaya Growth Opportunity Corp. I (NASDAQ:PPYA)

Defense World ·  Dec 16, 2022 18:51

Verition Fund Management LLC bought a new stake in Papaya Growth Opportunity Corp. I (NASDAQ:PPYA – Get Rating) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 400,000 shares of the company's stock, valued at approximately $3,996,000. Verition Fund Management LLC owned 1.06% of Papaya Growth Opportunity Corp. I as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Sage Mountain Advisors LLC acquired a new stake in shares of Papaya Growth Opportunity Corp. I in the 2nd quarter valued at about $46,000. State Street Corp acquired a new stake in Papaya Growth Opportunity Corp. I during the 2nd quarter worth approximately $184,000. Virtu Financial LLC acquired a new stake in Papaya Growth Opportunity Corp. I during the 2nd quarter worth approximately $220,000. Prelude Capital Management LLC acquired a new stake in Papaya Growth Opportunity Corp. I during the 1st quarter worth approximately $368,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in Papaya Growth Opportunity Corp. I during the 1st quarter worth approximately $494,000. 57.61% of the stock is owned by institutional investors and hedge funds.

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Papaya Growth Opportunity Corp. I Price Performance

Papaya Growth Opportunity Corp. I stock opened at $10.16 on Friday. Papaya Growth Opportunity Corp. I has a twelve month low of $9.86 and a twelve month high of $10.55. The stock has a 50 day moving average of $10.08 and a two-hundred day moving average of $10.01.

Papaya Growth Opportunity Corp. I Company Profile

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Papaya Growth Opportunity Corp. I does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Papaya Growth Opportunity Corp. I was incorporated in 2021 and is based in Oakland, California.

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