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Tristar Acquisition I (NYSE:TRIS) Trading Up 0%

Defense World ·  Apr 11, 2023 14:52

Tristar Acquisition I Corp. (NYSE:TRIS – Get Rating)'s share price shot up 0% during trading on Monday . The company traded as high as $10.34 and last traded at $10.34. 34,974 shares changed hands during trading, a decline of 82% from the average session volume of 195,734 shares. The stock had previously closed at $10.33.

Tristar Acquisition I Stock Up 0.0 %

The firm's 50 day moving average is $10.29 and its two-hundred day moving average is $10.13.

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Institutional Trading of Tristar Acquisition I

Several large investors have recently bought and sold shares of the company. Ergoteles LLC acquired a new stake in shares of Tristar Acquisition I during the third quarter valued at about $198,000. Toroso Investments LLC acquired a new stake in Tristar Acquisition I during the 1st quarter valued at approximately $257,000. RiverPark Advisors LLC purchased a new stake in Tristar Acquisition I during the 4th quarter worth approximately $404,000. Elequin Capital LP raised its position in shares of Tristar Acquisition I by 5.1% in the 3rd quarter. Elequin Capital LP now owns 40,847 shares of the company's stock valued at $405,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Tristar Acquisition I by 85.7% in the 1st quarter. Royal Bank of Canada now owns 65,000 shares of the company's stock valued at $641,000 after purchasing an additional 30,000 shares in the last quarter. Institutional investors and hedge funds own 64.54% of the company's stock.

About Tristar Acquisition I

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Tristar Acquisition I Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on targeting a telecommunications and technology oriented company.

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