Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA – Get Rating) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 500 shares, a drop of 16.7% from the February 13th total of 600 shares. Based on an average trading volume of 102,600 shares, the days-to-cover ratio is presently 0.0 days.
Mountain & Co. I Acquisition Corp. Stock Performance
Shares of NASDAQ MCAA opened at $10.62 on Wednesday. Mountain & Co. I Acquisition Corp. has a 52-week low of $10.02 and a 52-week high of $10.72. The firm has a 50 day moving average price of $10.51 and a 200 day moving average price of $10.37.
Get Mountain & Co. I Acquisition Corp. alerts:Hedge Funds Weigh In On Mountain & Co. I Acquisition Corp.
Several institutional investors and hedge funds have recently made changes to their positions in MCAA. PEAK6 Investments LLC bought a new position in Mountain & Co. I Acquisition Corp. during the first quarter worth about $101,000. First Trust Capital Management L.P. bought a new position in shares of Mountain & Co. I Acquisition Corp. during the 3rd quarter valued at about $312,000. Prelude Capital Management LLC acquired a new position in shares of Mountain & Co. I Acquisition Corp. in the 1st quarter valued at approximately $322,000. Glazer Capital LLC bought a new stake in Mountain & Co. I Acquisition Corp. during the 1st quarter worth approximately $436,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in Mountain & Co. I Acquisition Corp. during the 1st quarter worth approximately $437,000. Institutional investors and hedge funds own 65.61% of the company's stock.
Mountain & Co. I Acquisition Corp. Company Profile
(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.
Further Reading
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