Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU – Get Rating)'s share price shot up 0.1% during mid-day trading on Tuesday . The company traded as high as $10.43 and last traded at $10.42. 15,200 shares changed hands during mid-day trading, an increase of 106% from the average session volume of 7,375 shares. The stock had previously closed at $10.41.

Mountain & Co. I Acquisition Corp. Price Performance

The business's fifty day moving average is $10.37 and its 200-day moving average is $10.27.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MCAAU. Wolverine Asset Management LLC lifted its position 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 in the last quarter. State Street Corp acquired a new position in Mountain & Co. I Acquisition Corp. during the first quarter valued at approximately $134,000. Cubist Systematic Strategies LLC acquired a new position in Mountain & Co. I Acquisition Corp. during the second quarter valued at approximately $156,000. Finally, Hsbc Holdings PLC acquired a new position in Mountain & Co. I Acquisition Corp. during the third quarter valued at approximately $1,024,000.

Mountain & Co. I Acquisition Corp. Company Profile

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.

Further Reading

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