Atlantic Coastal Acquisition Corp. (NASDAQ:ACAHU – Get Rating)'s share price fell 0.7% on Monday . The company traded as low as $9.68 and last traded at $10.03. 7,454 shares traded hands during trading, a decline of 9% from the average session volume of 8,179 shares. The stock had previously closed at $10.10.
Atlantic Coastal Acquisition Trading Down 0.7 %
The stock's fifty day moving average price is $10.08 and its two-hundred day moving average price is $9.96.
Get Atlantic Coastal Acquisition alerts:Hedge Funds Weigh In On Atlantic Coastal Acquisition
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. OLD Mission Capital LLC acquired a new stake in shares of Atlantic Coastal Acquisition during the fourth quarter worth $25,000. Clear Street LLC acquired a new stake in shares of Atlantic Coastal Acquisition during the third quarter worth $40,000. Longfellow Investment Management Co. LLC increased its position in shares of Atlantic Coastal Acquisition by 294.8% during the fourth quarter. Longfellow Investment Management Co. LLC now owns 14,409 shares of the company's stock worth $144,000 after buying an additional 10,759 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of Atlantic Coastal Acquisition during the third quarter worth $162,000. Finally, Ancora Advisors LLC acquired a new stake in shares of Atlantic Coastal Acquisition during the first quarter worth $741,000.
About Atlantic Coastal Acquisition
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Atlantic Coastal 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 in mobility sector. The company was incorporated in 2020 and is based in New York, New York.
Further Reading
- Get a free copy of the StockNews.com research report on Atlantic Coastal Acquisition (ACAHU)
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