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Linden Advisors LP Sells 230,000 Shares of Cascadia Acquisition Corp. (NASDAQ:CCAI)

Financial News Live ·  Dec 3, 2022 09:51

Linden Advisors LP trimmed its holdings in Cascadia Acquisition Corp. (NASDAQ:CCAI – Get Rating) by 15.5% in the 2nd quarter, Holdings Channel reports. The fund owned 1,255,000 shares of the company's stock after selling 230,000 shares during the quarter. Linden Advisors LP's holdings in Cascadia Acquisition were worth $12,274,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sculptor Capital LP bought a new position in Cascadia Acquisition in the second quarter worth $104,000. Wellspring Financial Advisors LLC acquired a new position in Cascadia Acquisition during the first quarter worth $154,000. Finally, Aristeia Capital LLC acquired a new position in Cascadia Acquisition during the first quarter worth $7,140,000.

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Cascadia Acquisition Stock Performance

Cascadia Acquisition stock opened at $9.95 on Friday. The stock has a fifty day moving average price of $9.90 and a two-hundred day moving average price of $9.84. Cascadia Acquisition Corp. has a 52-week low of $9.63 and a 52-week high of $9.99.

Cascadia Acquisition Profile

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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.

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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).

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