Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA – Get Rating) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,200 shares, an increase of 255.6% from the December 31st total of 900 shares. Based on an average daily trading volume, of 62,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's shares are short sold.
Mountain & Co. I Acquisition Corp. Trading Up 0.1 %
Shares of MCAA traded up $0.01 on Friday, reaching $10.45. The company's stock had a trading volume of 8,203 shares, compared to its average volume of 100,506. Mountain & Co. I Acquisition Corp. has a twelve month low of $9.96 and a twelve month high of $10.60. The firm has a fifty day moving average of $10.38 and a 200-day moving average of $10.27.
Get Mountain & Co. I Acquisition Corp. alerts:Institutional Investors Weigh In On Mountain & Co. I Acquisition Corp.
A number of institutional investors have recently added to or reduced their stakes in MCAA. PEAK6 Investments LLC bought a new position in shares of Mountain & Co. I Acquisition Corp. during the 1st quarter valued at approximately $101,000. First Trust Capital Management L.P. purchased a new stake in Mountain & Co. I Acquisition Corp. in the 3rd quarter worth approximately $312,000. Prelude Capital Management LLC purchased a new stake in Mountain & Co. I Acquisition Corp. in the 1st quarter worth approximately $322,000. Glazer Capital LLC purchased a new stake in Mountain & Co. I Acquisition Corp. in the 1st quarter worth approximately $436,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in Mountain & Co. I Acquisition Corp. in the 1st quarter worth approximately $437,000. 65.61% of the stock is owned by institutional investors.
About Mountain & Co. I Acquisition Corp.
(Get Rating)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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