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Virtu Financial LLC Sells 6,209 Shares of Counter Press Acquisition Co. (NASDAQ:CPAQU)

Defense World ·  Dec 9, 2022 06:52

Virtu Financial LLC reduced its position in shares of Counter Press Acquisition Co. (NASDAQ:CPAQU – Get Rating) by 28.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,986 shares of the company's stock after selling 6,209 shares during the period. Virtu Financial LLC's holdings in Counter Press Acquisition were worth $160,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Spartan Fund Management Inc. bought a new position in shares of Counter Press Acquisition during the 2nd quarter worth approximately $53,000. Walleye Capital LLC purchased a new stake in shares of Counter Press Acquisition during the first quarter valued at approximately $1,472,000. Sculptor Capital LP bought a new stake in Counter Press Acquisition during the first quarter worth $2,016,000. Gabelli Funds LLC purchased a new position in Counter Press Acquisition in the first quarter worth $2,520,000. Finally, Walleye Trading LLC bought a new position in Counter Press Acquisition in the 1st quarter valued at $544,000.

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Counter Press Acquisition Stock Performance

NASDAQ CPAQU opened at $10.20 on Friday. The business's fifty day moving average is $10.17 and its 200-day moving average is $10.10. Counter Press Acquisition Co. has a one year low of $9.95 and a one year high of $10.65.

Counter Press Acquisition Profile

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Counter Press Acquisition Corporation does not have significant operations. The company focuses on entering a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus its search on businesses in the sports, media, and data analytics sectors.

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