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Aries I Acquisition (NASDAQ:RAMMU) Shares Down 0.1%

Defense World ·  Dec 27, 2022 02:01

Aries I Acquisition Co. (NASDAQ:RAMMU – Get Rating)'s share price dropped 0.1% during trading on Monday . The stock traded as low as $10.20 and last traded at $10.20. Approximately 700 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 3,755 shares. The stock had previously closed at $10.21.

Aries I Acquisition Stock Down 0.1 %

The business's 50 day moving average price is $10.20 and its 200-day moving average price is $10.28.

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Institutional Trading of Aries I Acquisition

An institutional investor recently raised its position in Aries I Acquisition stock. UBS Group AG increased its stake in shares of Aries I Acquisition Co. (NASDAQ:RAMMU – Get Rating) by 204.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,936 shares of the company's stock after purchasing an additional 1,972 shares during the quarter. UBS Group AG's holdings in Aries I Acquisition were worth $30,000 at the end of the most recent quarter.

Aries I Acquisition Company Profile

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Aries I Acquisition Corporation does not have significant operations. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

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