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FTAC Emerald Acquisition Corp. (NASDAQ:EMLD) Shares Sold by OLD Mission Capital LLC

Defense World ·  Nov 10, 2022 08:11

OLD Mission Capital LLC trimmed its position in FTAC Emerald Acquisition Corp. (NASDAQ:EMLD – Get Rating) by 3.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,341 shares of the company's stock after selling 1,523 shares during the quarter. OLD Mission Capital LLC owned about 0.40% of FTAC Emerald Acquisition worth $375,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Saba Capital Management L.P. purchased a new stake in shares of FTAC Emerald Acquisition in the 1st quarter valued at approximately $15,632,000. Taconic Capital Advisors LP purchased a new stake in FTAC Emerald Acquisition during the 1st quarter worth approximately $14,752,000. Highbridge Capital Management LLC purchased a new stake in FTAC Emerald Acquisition during the 1st quarter worth approximately $10,212,000. Sculptor Capital LP purchased a new stake in FTAC Emerald Acquisition during the 1st quarter worth approximately $7,354,000. Finally, HBK Investments L P purchased a new stake in FTAC Emerald Acquisition during the 1st quarter worth approximately $7,328,000.

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FTAC Emerald Acquisition Stock Down 0.3 %

Shares of EMLD opened at $9.95 on Thursday. FTAC Emerald Acquisition Corp. has a fifty-two week low of $9.55 and a fifty-two week high of $9.99. The firm's 50 day moving average price is $9.87 and its 200 day moving average price is $9.82.

FTAC Emerald Acquisition Profile

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FTAC Emerald Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.

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