Global Technology Acquisition Corp. I (NASDAQ:GTAC – Get Rating) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 900 shares, a growth of 12.5% from the November 30th total of 800 shares. Based on an average daily trading volume, of 19,800 shares, the short-interest ratio is currently 0.0 days.

Global Technology Acquisition Corp. I Stock Performance

GTAC stock traded up $0.01 during mid-day trading on Tuesday, hitting $10.28. 476,900 shares of the company were exchanged, compared to its average volume of 30,155. The firm's 50 day simple moving average is $10.20 and its 200 day simple moving average is $10.09. Global Technology Acquisition Corp. I has a 1-year low of $9.84 and a 1-year high of $10.31.

Institutional Trading of Global Technology Acquisition Corp. I

Hedge funds have recently bought and sold shares of the stock. Barclays PLC acquired a new stake in Global Technology Acquisition Corp. I during the 3rd quarter worth approximately $53,000. Walleye Trading LLC acquired a new stake in shares of Global Technology Acquisition Corp. I in the first quarter valued at approximately $358,000. Spring Creek Capital LLC acquired a new stake in shares of Global Technology Acquisition Corp. I in the first quarter valued at approximately $499,000. Calamos Advisors LLC acquired a new stake in shares of Global Technology Acquisition Corp. I in the third quarter valued at approximately $505,000. Finally, Prelude Capital Management LLC acquired a new stake in shares of Global Technology Acquisition Corp. I in the first quarter valued at approximately $540,000. 63.97% of the stock is currently owned by institutional investors and hedge funds.

Global Technology Acquisition Corp. I Company Profile

Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. It focuses on technology companies that operate in the marketplace, financial technology, and software-as-a-service verticals.

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