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Cactus Acquisition Corp. 1 (NASDAQ:CCTSU) Trading Up 0.2%

Defense World ·  Feb 11, 2023 02:22

Shares of Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSU – Get Rating) were up 0.2% during mid-day trading on Friday . The company traded as high as $10.40 and last traded at $10.40. Approximately 5,318 shares were traded during mid-day trading, an increase of 1,148% from the average daily volume of 426 shares. The stock had previously closed at $10.38.

Cactus Acquisition Corp. 1 Stock Up 0.2 %

The stock has a 50 day simple moving average of $10.24 and a 200-day simple moving average of $10.13.

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Institutional Inflows and Outflows

An institutional investor recently raised its position in Cactus Acquisition Corp. 1 stock. Wolverine Asset Management LLC grew its position in shares of Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSU – Get Rating) by 2,917.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,035 shares of the company's stock after purchasing an additional 5,835 shares during the period. Wolverine Asset Management LLC's holdings in Cactus Acquisition Corp. 1 were worth $60,000 at the end of the most recent reporting period.

About Cactus Acquisition Corp. 1

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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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