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Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU) Stock Price Up 0.2%

Defense World ·  Dec 24, 2022 02:01

Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU – Get Rating)'s share price rose 0.2% on Friday . The company traded as high as $10.37 and last traded at $10.37. Approximately 3,000 shares traded hands during trading, a decline of 89% from the average daily volume of 26,931 shares. The stock had previously closed at $10.35.

Mountain & Co. I Acquisition Corp. Trading Up 0.2 %

The stock has a 50-day moving average price of $10.32 and a two-hundred day moving average price of $10.23.

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Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MCAAU. Wolverine Asset Management LLC lifted its holdings in shares of Mountain & Co. I Acquisition Corp. by 192.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 10,377 shares of the company's stock valued at $104,000 after acquiring an additional 6,823 shares during the last quarter. State Street Corp bought a new position in shares of Mountain & Co. I Acquisition Corp. in the 1st quarter valued at about $134,000. Cubist Systematic Strategies LLC bought a new position in shares of Mountain & Co. I Acquisition Corp. in the 2nd quarter valued at about $156,000. Spartan Fund Management Inc. bought a new position in shares of Mountain & Co. I Acquisition Corp. in the 1st quarter valued at about $892,000. Finally, Hsbc Holdings PLC bought a new position in shares of Mountain & Co. I Acquisition Corp. in the 3rd quarter valued at about $1,024,000.

Mountain & Co. I Acquisition Corp. Company Profile

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Mountain & Co I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities in consumer Internet and B2B digital infrastructure sectors.

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