Aristeia Capital LLC acquired a new position in Cascadia Acquisition Corp. (NASDAQ:CCAI – Get Rating) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 732,258 shares of the company's stock, valued at approximately $7,140,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wellspring Financial Advisors LLC purchased a new stake in Cascadia Acquisition in the 1st quarter worth about $154,000. Exos Asset Management LLC bought a new position in Cascadia Acquisition in the 4th quarter worth about $487,000. Wolverine Asset Management LLC bought a new position in Cascadia Acquisition in the 1st quarter worth about $508,000. Whitebox Advisors LLC bought a new position in Cascadia Acquisition in the 4th quarter worth about $545,000. Finally, Corbin Capital Partners L.P. bought a new position in Cascadia Acquisition in the 4th quarter worth about $2,706,000.
Get Cascadia Acquisition alerts:Cascadia Acquisition Stock Performance
Shares of CCAI stock opened at $9.81 on Monday. The company's 50-day simple moving average is $9.82 and its two-hundred day simple moving average is $9.79. Cascadia Acquisition Corp. has a one year low of $9.63 and a one year high of $9.95.
About Cascadia Acquisition
(Get Rating)Cascadia Acquisition Corp. 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 Seattle, Washington.
Further Reading
- Get a free copy of the StockNews.com research report on Cascadia Acquisition (CCAI)
- Can Electronic Arts Buck the Downturn in Videogaming?
- Dollar General is the Big Fish in Little Ponds Across the U.S.
- Here's Why the CPI Report will Dictate the Market Bottom
- MarketBeat: Week in Review 9/5 – 9/9
- Prepare For A Record-Setting Quarter For Cyber Security Stocks
Want to see what other hedge funds are holding CCAI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cascadia Acquisition Corp. (NASDAQ:CCAI – Get Rating).
Receive News & Ratings for Cascadia Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cascadia Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.