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Cactus Acquisition Corp. 1 (NASDAQ:CCTSU) Shares Down 0.1%

Defense World ·  Mar 30, 2023 14:44

Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSU – Get Rating)'s share price traded down 0.1% on Wednesday . The company traded as low as $10.45 and last traded at $10.45. 1,300 shares traded hands during mid-day trading, an increase of 41% from the average session volume of 924 shares. The stock had previously closed at $10.46.

Cactus Acquisition Corp. 1 Stock Performance

The company has a 50-day simple moving average of $10.44 and a 200-day simple moving average of $10.25.

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Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cactus Acquisition Corp. 1 stock. Susquehanna International Group LLP acquired a new position in Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSU – Get Rating) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,898 shares of the company's stock, valued at approximately $140,000.

Cactus Acquisition Corp. 1 Company Profile

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Cactus Acquisition Corp. 1 Limited 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 in the technology-based healthcare industries. The company was incorporated in 2021 and is based in Cranbury, New Jersey.

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