AltC Acquisition Corp. (NYSE:ALCC – Get Rating) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 7,400 shares, a decrease of 8.6% from the July 15th total of 8,100 shares. Based on an average trading volume of 38,800 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

AltC Acquisition Trading Down 0.4 %

ALCC stock opened at $9.73 on Thursday. AltC Acquisition has a 12 month low of $9.50 and a 12 month high of $10.16. The firm has a 50-day moving average of $9.70 and a two-hundred day moving average of $9.72.

Institutional Trading of AltC Acquisition

A number of hedge funds have recently bought and sold shares of the business. CSS LLC IL acquired a new stake in AltC Acquisition in the 2nd quarter valued at about $4,973,000. Condor Capital Management acquired a new stake in AltC Acquisition in the 2nd quarter valued at about $89,000. Sculptor Capital LP raised its holdings in AltC Acquisition by 0.8% in the 2nd quarter. Sculptor Capital LP now owns 228,914 shares of the company's stock valued at $2,209,000 after acquiring an additional 1,786 shares during the last quarter. Bank of Montreal Can raised its holdings in AltC Acquisition by 22.9% in the 2nd quarter. Bank of Montreal Can now owns 450,000 shares of the company's stock valued at $4,365,000 after acquiring an additional 83,800 shares during the last quarter. Finally, Sage Mountain Advisors LLC purchased a new stake in shares of AltC Acquisition in the 2nd quarter valued at approximately $331,000. Institutional investors and hedge funds own 91.30% of the company's stock.

About AltC Acquisition

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

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