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Global Technology Acquisition Corp. I (NASDAQ:GTACU) Shares Down 0.4%

Defense World ·  Apr 12, 2023 03:32

Shares of Global Technology Acquisition Corp. I (NASDAQ:GTACU – Get Rating) traded down 0.4% during trading on Tuesday . The stock traded as low as $9.42 and last traded at $10.37. 7,126 shares were traded during mid-day trading, an increase of 124% from the average session volume of 3,177 shares. The stock had previously closed at $10.41.

Global Technology Acquisition Corp. I Price Performance

The business's 50-day moving average price is $10.45 and its two-hundred day moving average price is $10.28.

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Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global Technology Acquisition Corp. I stock. Cubist Systematic Strategies LLC grew its stake in shares of Global Technology Acquisition Corp. I (NASDAQ:GTACU – Get Rating) by 4.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 140,363 shares of the company's stock after buying an additional 6,277 shares during the quarter. Cubist Systematic Strategies LLC's holdings in Global Technology Acquisition Corp. I were worth $1,401,000 as of its most recent SEC filing.

About Global Technology Acquisition Corp. I

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Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. It focuses on technology companies that operate in the marketplace, financial technology, and software-as-a-service verticals.

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