Sycale Advisors NY LLC bought a new stake in shares of Golden Arrow Merger Corp. (NASDAQ:GAMC – Get Rating) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 150,000 shares of the company's stock, valued at approximately $1,471,000. Golden Arrow Merger makes up approximately 0.6% of Sycale Advisors NY LLC's portfolio, making the stock its 19th largest position. Sycale Advisors NY LLC owned 0.48% of Golden Arrow Merger at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cubist Systematic Strategies LLC grew its stake in shares of Golden Arrow Merger by 4.8% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 940,185 shares of the company's stock worth $9,176,000 after buying an additional 43,097 shares in the last quarter. Hsbc Holdings PLC purchased a new position in shares of Golden Arrow Merger in the 1st quarter worth $8,187,000. Periscope Capital Inc. grew its stake in shares of Golden Arrow Merger by 6.7% in the 3rd quarter. Periscope Capital Inc. now owns 639,416 shares of the company's stock worth $6,273,000 after buying an additional 40,116 shares in the last quarter. Calamos Advisors LLC purchased a new position in shares of Golden Arrow Merger in the 3rd quarter worth $3,735,000. Finally, Aristeia Capital LLC boosted its stake in shares of Golden Arrow Merger by 0.6% during the 2nd quarter. Aristeia Capital LLC now owns 201,098 shares of the company's stock worth $1,963,000 after purchasing an additional 1,100 shares during the period. 67.36% of the stock is owned by hedge funds and other institutional investors.

Golden Arrow Merger Price Performance

Shares of GAMC stock traded down $0.02 during trading hours on Monday, reaching $10.10. 290 shares of the stock were exchanged, compared to its average volume of 41,035. Golden Arrow Merger Corp. has a 12-month low of $9.66 and a 12-month high of $10.59. The company's 50-day moving average price is $10.04 and its 200-day moving average price is $9.92.

Golden Arrow Merger Profile

Golden Arrow Merger Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the healthcare or healthcare-related infrastructure industries in the United States and other developed countries.

Further Reading

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