Barclays PLC raised its position in shares of Cascadia Acquisition Corp. (NASDAQ:CCAI – Get Rating) by 12.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 264,116 shares of the company's stock after purchasing an additional 28,773 shares during the period. Barclays PLC's holdings in Cascadia Acquisition were worth $2,602,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the company. HGC Investment Management Inc. purchased a new stake in Cascadia Acquisition during the second quarter valued at about $4,890,000. Calamos Advisors LLC purchased a new stake in Cascadia Acquisition during the third quarter valued at about $2,955,000. Cubist Systematic Strategies LLC raised its position in Cascadia Acquisition by 18.5% during the second quarter. Cubist Systematic Strategies LLC now owns 187,626 shares of the company's stock valued at $1,835,000 after purchasing an additional 29,294 shares in the last quarter. Millennium Management LLC raised its position in Cascadia Acquisition by 6.7% during the second quarter. Millennium Management LLC now owns 160,100 shares of the company's stock valued at $1,566,000 after purchasing an additional 10,100 shares in the last quarter. Finally, Parallax Volatility Advisers L.P. purchased a new position in shares of Cascadia Acquisition in the second quarter worth about $444,000. Hedge funds and other institutional investors own 74.51% of the company's stock.
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CCAI opened at $10.10 on Thursday. The business's 50-day moving average price is $10.02 and its 200-day moving average price is $9.92. Cascadia Acquisition Corp. has a 12 month low of $9.68 and a 12 month high of $10.15.
About Cascadia Acquisition
(Get Rating)Cascadia Acquisition Corp. does not have significant operations. It intends to effect a merger, capital 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 Seattle, Washington.
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