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Sage Mountain Advisors LLC Has $30,000 Stock Position in Papaya Growth Opportunity Corp. I (NASDAQ:PPYA)

Financial News Live ·  Jan 12, 2023 10:51

Sage Mountain Advisors LLC trimmed its position in Papaya Growth Opportunity Corp. I (NASDAQ:PPYA – Get Rating) by 36.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,960 shares of the company's stock after selling 1,679 shares during the quarter. Sage Mountain Advisors LLC's holdings in Papaya Growth Opportunity Corp. I were worth $30,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in PPYA. State Street Corp acquired a new stake in shares of Papaya Growth Opportunity Corp. I during the second quarter worth approximately $184,000. Virtu Financial LLC acquired a new stake in shares of Papaya Growth Opportunity Corp. I during the second quarter worth approximately $220,000. Prelude Capital Management LLC acquired a new stake in shares of Papaya Growth Opportunity Corp. I during the first quarter worth approximately $368,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Papaya Growth Opportunity Corp. I during the second quarter worth approximately $1,202,000. Finally, Woodline Partners LP acquired a new stake in shares of Papaya Growth Opportunity Corp. I during the first quarter worth approximately $1,490,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

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Papaya Growth Opportunity Corp. I Stock Performance

PPYA stock opened at $10.25 on Thursday. The firm has a 50 day simple moving average of $10.14 and a 200 day simple moving average of $10.05. Papaya Growth Opportunity Corp. I has a 52 week low of $9.86 and a 52 week high of $10.65.

About Papaya Growth Opportunity Corp. I

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Papaya Growth Opportunity Corp. I does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Papaya Growth Opportunity Corp. I was incorporated in 2021 and is based in Oakland, California.

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