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Cactus Acquisition Corp. 1 (NASDAQ:CCTSU) Trading Down 0.1%

Defense World ·  Jan 18, 2023 01:52

Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSU – Get Rating)'s share price was down 0.1% on Tuesday . The company traded as low as $10.29 and last traded at $10.29. Approximately 100 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 100 shares. The stock had previously closed at $10.30.

Cactus Acquisition Corp. 1 Stock Performance

The stock has a 50-day simple moving average of $10.18 and a 200 day simple moving average of $10.09.

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Institutional Inflows and Outflows

A hedge fund recently raised its stake in Cactus Acquisition Corp. 1 stock. Wolverine Asset Management LLC raised its holdings in Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSU – Get Rating) by 2,917.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,035 shares of the company's stock after purchasing 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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