Bank of Montreal Can raised its stake in shares of OceanTech Acquisitions I Corp. (NASDAQ:OTEC – Get Rating) by 2.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 235,230 shares of the company's stock after acquiring an additional 5,230 shares during the period. Bank of Montreal Can owned approximately 1.81% of OceanTech Acquisitions I worth $2,399,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in OTEC. UBS Group AG acquired a new position in shares of OceanTech Acquisitions I in the second quarter valued at approximately $44,000. Landscape Capital Management L.L.C. lifted its stake in OceanTech Acquisitions I by 18.7% in the third quarter. Landscape Capital Management L.L.C. now owns 38,071 shares of the company's stock worth $388,000 after acquiring an additional 5,992 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in OceanTech Acquisitions I by 77.8% in the second quarter. Goldman Sachs Group Inc. now owns 24,600 shares of the company's stock worth $248,000 after acquiring an additional 10,766 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in OceanTech Acquisitions I in the second quarter worth approximately $227,000. Finally, RPO LLC purchased a new position in OceanTech Acquisitions I in the third quarter worth approximately $649,000. 69.41% of the stock is currently owned by institutional investors and hedge funds.
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Shares of OceanTech Acquisitions I stock opened at $10.65 on Monday. OceanTech Acquisitions I Corp. has a 52-week low of $9.92 and a 52-week high of $10.95. The company has a 50 day moving average of $10.54 and a 200 day moving average of $10.34.
OceanTech Acquisitions I Profile
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OceanTech Acquisitions I Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization/similar business combination with one/more businesses in the leisure marine, yachting, and superyachting industries. OceanTech Acquisitions I Corp.
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