Atlantic Coastal Acquisition Corp. (NASDAQ:ACAHU – Get Rating) shares traded down 0.7% during mid-day trading on Monday . The company traded as low as $9.68 and last traded at $10.03. 7,454 shares changed hands during mid-day 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 Stock Up 0.4 %

The stock has a fifty day simple moving average of $10.08 and a 200-day simple moving average of $9.96.

Institutional Trading of Atlantic Coastal Acquisition

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Clear Street LLC acquired a new stake in shares of Atlantic Coastal Acquisition during the 3rd quarter worth approximately $40,000. Ancora Advisors LLC acquired a new stake in shares of Atlantic Coastal Acquisition during the 1st quarter worth approximately $741,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Atlantic Coastal Acquisition during the 3rd quarter worth approximately $162,000. OLD Mission Capital LLC acquired a new stake in shares of Atlantic Coastal Acquisition during the 4th quarter worth approximately $25,000. Finally, Longfellow Investment Management Co. LLC grew its holdings in shares of Atlantic Coastal Acquisition by 294.8% during the 4th quarter. Longfellow Investment Management Co. LLC now owns 14,409 shares of the company's stock worth $144,000 after purchasing an additional 10,759 shares in the last quarter.

Atlantic Coastal Acquisition Company Profile

(Get Rating)

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.

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