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Cactus Acquisition Corp. 1 (NASDAQ:CCTSU) Trading 0.5% Higher

Defense World ·  Dec 23, 2022 02:01

Shares of Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSU – Get Rating) were up 0.5% during mid-day trading on Thursday . The stock traded as high as $10.23 and last traded at $10.23. Approximately 100 shares were traded during trading, a decline of 96% from the average daily volume of 2,828 shares. The stock had previously closed at $10.17.

Cactus Acquisition Corp. 1 Trading Up 0.5 %

The firm has a fifty day simple moving average of $10.15 and a 200-day simple moving average of $10.06.

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Institutional Investors Weigh In On Cactus Acquisition Corp. 1

A hedge fund recently raised its stake in Cactus Acquisition Corp. 1 stock. Wolverine Asset Management LLC grew its position in Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSU – Get Rating) by 2,917.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,035 shares of the company's stock after acquiring an additional 5,835 shares during the quarter. Wolverine Asset Management LLC's holdings in Cactus Acquisition Corp. 1 were worth $60,000 as of its most recent filing with the Securities and Exchange Commission.

Cactus Acquisition Corp. 1 Company Profile

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Cactus Acquisition Corp. 1 Limited does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology-based healthcare industries. The company was incorporated in 2021 and is based in Cranbury, New Jersey.

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