Global Technology Acquisition Corp. I (NASDAQ:GTAC – Get Rating) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 500 shares, a decline of 16.7% from the October 31st total of 600 shares. Based on an average daily volume of 22,300 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Investors Weigh In On Global Technology Acquisition Corp. I
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC acquired a new position in shares of Global Technology Acquisition Corp. I in the third quarter worth approximately $53,000. Glazer Capital LLC boosted its stake in shares of Global Technology Acquisition Corp. I by 2.9% in the 3rd quarter. Glazer Capital LLC now owns 941,837 shares of the company's stock valued at $9,503,000 after purchasing an additional 26,854 shares during the last quarter. Walleye Trading LLC bought a new stake in shares of Global Technology Acquisition Corp. I in the 1st quarter valued at $358,000. Karpus Management Inc. acquired a new stake in shares of Global Technology Acquisition Corp. I during the first quarter worth $498,000. Finally, MMCAP International Inc. SPC bought a new position in Global Technology Acquisition Corp. I during the first quarter worth $498,000. Institutional investors and hedge funds own 60.33% of the company's stock.
Get Global Technology Acquisition Corp. I alerts:Global Technology Acquisition Corp. I Price Performance
NASDAQ GTAC remained flat at $10.21 on Friday. Global Technology Acquisition Corp. I has a fifty-two week low of $9.69 and a fifty-two week high of $10.30. The stock's 50 day simple moving average is $10.15 and its 200 day simple moving average is $10.04.
Global Technology Acquisition Corp. I Company Profile
(Get Rating)Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. It focuses on technology companies that operate in the marketplace, financial technology, and software-as-a-service verticals.
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