Css LLC Il purchased a new stake in 26 Capital Acquisition Corp. (NASDAQ:ADER – Get Rating) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 129,815 shares of the company’s stock, valued at approximately $1,279,000. Css LLC Il owned approximately 0.38% of 26 Capital Acquisition at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. PEAK6 Investments LLC acquired a new position in shares of 26 Capital Acquisition in the third quarter valued at approximately $186,000. Mariner Investment Group LLC acquired a new position in 26 Capital Acquisition during the fourth quarter worth approximately $197,000. Rivernorth Capital Management LLC acquired a new position in 26 Capital Acquisition during the third quarter worth approximately $243,000. Schonfeld Strategic Advisors LLC acquired a new position in 26 Capital Acquisition during the third quarter worth approximately $243,000. Finally, Wellspring Financial Advisors LLC acquired a new position in 26 Capital Acquisition during the fourth quarter worth approximately $252,000. 78.59% of the stock is currently owned by institutional investors.
Shares of ADER stock opened at $9.88 on Friday. 26 Capital Acquisition Corp. has a one year low of $9.60 and a one year high of $9.92. The company has a 50 day moving average price of $9.87 and a 200 day moving average price of $9.86.
26 Capital Acquisition Corp. is a blank check company that focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses. The company was founded in 2020 and is based in Miami, Florida.
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