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Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU) Stock Price Up 0.7%

Defense World ·  Mar 30, 2023 14:32

Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU – Get Rating) shares were up 0.7% on Wednesday . The stock traded as high as $10.72 and last traded at $10.72. Approximately 4,600 shares were traded during mid-day trading, an increase of 51% from the average daily volume of 3,037 shares. The stock had previously closed at $10.65.

Mountain & Co. I Acquisition Corp. Stock Performance

The business's 50 day moving average price is $10.59 and its 200-day moving average price is $10.41.

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Hedge Funds Weigh In On Mountain & Co. I Acquisition Corp.

Institutional investors and hedge funds have recently made changes to their positions in the company. Clear Street LLC grew its stake in shares of Mountain & Co. I Acquisition Corp. by 5,333.0% in the fourth quarter. Clear Street LLC now owns 5,433 shares of the company's stock valued at $56,000 after acquiring an additional 5,333 shares in the last quarter. State Street Corp acquired a new position in shares of Mountain & Co. I Acquisition Corp. during the 1st quarter worth approximately $134,000. Cubist Systematic Strategies LLC bought a new position in shares of Mountain & Co. I Acquisition Corp. during the second quarter worth approximately $156,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Mountain & Co. I Acquisition Corp. in the third quarter valued at approximately $1,024,000.

Mountain & Co. I Acquisition Corp. Company Profile

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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.

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