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Plum Acquisition Corp. I (NASDAQ:PLMI) Stock Price Down 0.1%

Defense World ·  Jul 22, 2022 02:01

Plum Acquisition Corp. I (NASDAQ:PLMI – Get Rating)'s stock price traded down 0.1% on Thursday . The stock traded as low as $9.81 and last traded at $9.81. 293 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 52,405 shares. The stock had previously closed at $9.82.

Plum Acquisition Corp. I Trading Down 0.1 %

The stock has a 50-day moving average price of $9.79 and a 200 day moving average price of $9.76.

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Hedge Funds Weigh In On Plum Acquisition Corp. I

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PLMI. Bank of Montreal Can acquired a new position in Plum Acquisition Corp. I during the 1st quarter worth approximately $111,000. Wolverine Trading LLC purchased a new stake in shares of Plum Acquisition Corp. I during the fourth quarter worth $122,000. Qube Research & Technologies Ltd purchased a new stake in shares of Plum Acquisition Corp. I in the fourth quarter worth $174,000. GAM Holding AG purchased a new stake in shares of Plum Acquisition Corp. I in the fourth quarter worth $273,000. Finally, Basso Capital Management L.P. purchased a new stake in Plum Acquisition Corp. I during the first quarter valued at about $277,000. 59.44% of the stock is owned by institutional investors and hedge funds.

About Plum Acquisition Corp. I

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Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.

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