Aries I Acquisition Co. (NASDAQ:RAMMU – Get Rating)'s stock price traded down 0.2% on Tuesday . The company traded as low as $10.29 and last traded at $10.39. 850 shares were traded during mid-day trading, a decline of 31% from the average session volume of 1,236 shares. The stock had previously closed at $10.41.

Aries I Acquisition Stock Down 0.2 %

The stock has a 50 day moving average price of $10.24 and a two-hundred day moving average price of $10.30.

Hedge Funds Weigh In On Aries I Acquisition

A hedge fund recently raised its stake in Aries I Acquisition stock. UBS Group AG increased its holdings in shares of Aries I Acquisition Co. (NASDAQ:RAMMU – Get Rating) by 204.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,936 shares of the company's stock after acquiring an additional 1,972 shares during the quarter. UBS Group AG's holdings in Aries I Acquisition were worth $30,000 as of its most recent SEC filing.

About Aries I Acquisition

Aries I Acquisition Corporation does not have significant operations. It intends to effect a merger, 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 Grand Cayman, the Cayman Islands.

Read More

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