Mountain Crest Acquisition Corp. III (NASDAQ:MCAE – Get Rating) rose 0.2% during trading on Thursday . The stock traded as high as $9.97 and last traded at $9.97. Approximately 300 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 25,799 shares. The stock had previously closed at $9.95.
Mountain Crest Acquisition Corp. III Price Performance
The company's fifty day moving average is $9.93 and its 200 day moving average is $9.89.
Get Mountain Crest Acquisition Corp. III alerts:Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of MCAE. Goldman Sachs Group Inc. lifted its stake in Mountain Crest Acquisition Corp. III by 280.6% during the first quarter. Goldman Sachs Group Inc. now owns 49,075 shares of the company's stock worth $483,000 after purchasing an additional 36,180 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Mountain Crest Acquisition Corp. III in the 2nd quarter worth approximately $725,000. RPO LLC lifted its position in Mountain Crest Acquisition Corp. III by 222.9% in the 2nd quarter. RPO LLC now owns 80,337 shares of the company's stock worth $793,000 after buying an additional 55,457 shares in the last quarter. P Schoenfeld Asset Management LP acquired a new position in shares of Mountain Crest Acquisition Corp. III during the 1st quarter worth $1,018,000. Finally, Taconic Capital Advisors LP acquired a new position in shares of Mountain Crest Acquisition Corp. III during the 1st quarter worth $1,490,000.
Mountain Crest Acquisition Corp. III Company Profile
(Get Rating)Mountain Crest Acquisition Corp. III 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 incorporated in 2021 and is based in New York, New York.
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