Tuttle Capital Management LLC bought a new stake in Sierra Lake Acquisition Corp. (NASDAQ:SIER – Get Rating) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 85,558 shares of the company's stock, valued at approximately $548,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wolverine Asset Management LLC purchased a new position in shares of Sierra Lake Acquisition during the 4th quarter worth $1,112,000. MMCAP International Inc. SPC purchased a new position in shares of Sierra Lake Acquisition during the 4th quarter worth $14,377,000. Picton Mahoney Asset Management purchased a new position in shares of Sierra Lake Acquisition during the 4th quarter worth $2,445,000. Owl Creek Asset Management L.P. purchased a new position in shares of Sierra Lake Acquisition during the 4th quarter worth $14,377,000. Finally, Radcliffe Capital Management L.P. purchased a new position in shares of Sierra Lake Acquisition during the 4th quarter worth $14,181,000.

Sierra Lake Acquisition Price Performance

Shares of Sierra Lake Acquisition stock opened at $9.94 on Tuesday. Sierra Lake Acquisition Corp. has a fifty-two week low of $9.65 and a fifty-two week high of $10.40. The business's fifty day moving average is $9.90 and its two-hundred day moving average is $9.87.

Sierra Lake Acquisition Company Profile

Sierra Lake Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. Sierra Lake Acquisition Corp. was incorporated in 2021 and is based in Chicago, Illinois.

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