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HGC Investment Management Inc. Raises Stock Holdings in Papaya Growth Opportunity Corp. I (NASDAQ:PPYAU)

Financial News Live ·  Feb 17, 2023 12:32

HGC Investment Management Inc. boosted its stake in Papaya Growth Opportunity Corp. I (NASDAQ:PPYAU – Get Rating) by 0.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,345,632 shares of the company's stock after buying an additional 6,269 shares during the period. Papaya Growth Opportunity Corp. I makes up approximately 0.9% of HGC Investment Management Inc.'s portfolio, making the stock its 18th biggest position. HGC Investment Management Inc.'s holdings in Papaya Growth Opportunity Corp. I were worth $13,497,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of PPYAU. Condor Capital Management grew its position in shares of Papaya Growth Opportunity Corp. I by 175.0% during the second quarter. Condor Capital Management now owns 5,500 shares of the company's stock worth $55,000 after buying an additional 3,500 shares in the last quarter. Clear Street LLC boosted its holdings in Papaya Growth Opportunity Corp. I by 290.6% in the third quarter. Clear Street LLC now owns 5,051 shares of the company's stock valued at $51,000 after purchasing an additional 3,758 shares in the last quarter. Royal Bank of Canada acquired a new position in Papaya Growth Opportunity Corp. I in the first quarter valued at approximately $150,000. Captrust Financial Advisors acquired a new position in Papaya Growth Opportunity Corp. I in the first quarter valued at approximately $158,000. Finally, Prelude Capital Management LLC acquired a new position in Papaya Growth Opportunity Corp. I in the first quarter valued at approximately $250,000.

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Papaya Growth Opportunity Corp. I Price Performance

PPYAU remained flat at $10.37 on Friday. The company had a trading volume of 600 shares, compared to its average volume of 3,895. The business has a fifty day simple moving average of $10.25 and a 200 day simple moving average of $10.11. Papaya Growth Opportunity Corp. I has a 52-week low of $9.86 and a 52-week high of $11.02.

Papaya Growth Opportunity Corp. I Company Profile

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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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