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Alpha Partners Technology Merger (NASDAQ:APTM) Trading Down 0.1%

Defense World ·  2023/03/28 20:05

Alpha Partners Technology Merger Corp. (NASDAQ:APTM – Get Rating) was down 0.1% during trading on Tuesday . The stock traded as low as $10.28 and last traded at $10.29. Approximately 400 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 55,467 shares. The stock had previously closed at $10.30.

Alpha Partners Technology Merger Price Performance

The firm has a fifty day moving average of $10.16 and a 200 day moving average of $10.00.

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Institutional Investors Weigh In On Alpha Partners Technology Merger

A number of large investors have recently made changes to their positions in APTM. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Alpha Partners Technology Merger during the 1st quarter valued at about $484,000. Saba Capital Management L.P. grew its stake in shares of Alpha Partners Technology Merger by 4.5% during the 1st quarter. Saba Capital Management L.P. now owns 213,548 shares of the company's stock valued at $2,069,000 after purchasing an additional 9,142 shares during the period. Radcliffe Capital Management L.P. grew its stake in shares of Alpha Partners Technology Merger by 733.4% during the 1st quarter. Radcliffe Capital Management L.P. now owns 130,944 shares of the company's stock valued at $1,269,000 after purchasing an additional 115,232 shares during the period. Bank of America Corp DE bought a new stake in shares of Alpha Partners Technology Merger during the 1st quarter valued at about $1,087,000. Finally, Karpus Management Inc. grew its stake in shares of Alpha Partners Technology Merger by 3.6% during the 2nd quarter. Karpus Management Inc. now owns 330,401 shares of the company's stock valued at $3,198,000 after purchasing an additional 11,500 shares during the period. 51.70% of the stock is currently owned by institutional investors.

Alpha Partners Technology Merger Company Profile

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Alpha Partners Technology Merger Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

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