OLD Mission Capital LLC grew its position in shares of Mercury Ecommerce Acquisition Corp. (NASDAQ:MEAC – Get Rating) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,900 shares of the company's stock after buying an additional 1,472 shares during the period. OLD Mission Capital LLC owned 0.11% of Mercury Ecommerce Acquisition worth $246,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada purchased a new position in shares of Mercury Ecommerce Acquisition during the 1st quarter valued at $34,000. Basso Capital Management L.P. lifted its position in shares of Mercury Ecommerce Acquisition by 1,808.4% during the 1st quarter. Basso Capital Management L.P. now owns 25,000 shares of the company's stock valued at $245,000 after buying an additional 23,690 shares during the last quarter. EHP Funds Inc. purchased a new position in shares of Mercury Ecommerce Acquisition during the 1st quarter valued at $491,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Mercury Ecommerce Acquisition during the 1st quarter valued at $491,000. Finally, Cohanzick Management LLC purchased a new stake in Mercury Ecommerce Acquisition during the 1st quarter worth about $3,926,000. Hedge funds and other institutional investors own 68.01% of the company's stock.
Get Mercury Ecommerce Acquisition alerts:Mercury Ecommerce Acquisition Price Performance
Shares of MEAC opened at $10.02 on Friday. The stock's 50-day simple moving average is $9.97 and its 200 day simple moving average is $9.94. Mercury Ecommerce Acquisition Corp. has a 52-week low of $9.75 and a 52-week high of $10.77.
Mercury Ecommerce Acquisition Profile
(Get Rating)Mercury Ecommerce Acquisition Corp. does not have significant operations. It intends to effect a merger, share 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 Houston, Texas.
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