share_log

Cubist Systematic Strategies LLC Makes New Investment in Valuence Merger Corp. I (NASDAQ:VMCA)

Defense World ·  Dec 11, 2022 06:02

Cubist Systematic Strategies LLC acquired a new position in Valuence Merger Corp. I (NASDAQ:VMCA – Get Rating) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 687,036 shares of the company's stock, valued at approximately $6,877,000. Cubist Systematic Strategies LLC owned about 2.67% of Valuence Merger Corp. I at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Sculptor Capital LP purchased a new position in shares of Valuence Merger Corp. I during the 2nd quarter valued at $8,012,000. Linden Advisors LP purchased a new position in shares of Valuence Merger Corp. I during the 2nd quarter valued at $7,507,000. Hudson Bay Capital Management LP purchased a new position in shares of Valuence Merger Corp. I during the 2nd quarter valued at $5,005,000. Starboard Value LP purchased a new position in shares of Valuence Merger Corp. I during the 2nd quarter valued at $5,005,000. Finally, Nomura Holdings Inc. purchased a new position in shares of Valuence Merger Corp. I during the 2nd quarter valued at $4,906,000. Hedge funds and other institutional investors own 56.89% of the company's stock.

Get Valuence Merger Corp. I alerts:

Valuence Merger Corp. I Price Performance

Shares of NASDAQ VMCA opened at $10.30 on Friday. Valuence Merger Corp. I has a one year low of $9.97 and a one year high of $10.65. The business's fifty day moving average price is $10.23 and its 200-day moving average price is $10.13.

Valuence Merger Corp. I Company Profile

(Get Rating)

Valuence Merger Corp. I focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify, acquire, and operate a business in Asia with a focus on opportunities aligned with breakthrough technology in life sciences and sustainability technology themes.

Featured Stories

  • Get a free copy of the StockNews.com research report on Valuence Merger Corp. I (VMCA)
  • MarketBeat: Week in Review 12/05 – 12/09
  • There Is Fundamental Value In Broadcom, And It Yields 3.35%
  • Costco vs Amazon: an end of the year showdown
  • Discount Retailers Could Make Good Bargain Stocks
  • Can Pfizer, Johnson & Johnson Continue Outperforming the Index?

Want to see what other hedge funds are holding VMCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Valuence Merger Corp. I (NASDAQ:VMCA – Get Rating).

Receive News & Ratings for Valuence Merger Corp. I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valuence Merger Corp. I and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment