Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA) Trading 0.3% Higher

Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA – Get Rating)’s share price traded up 0.3% during trading on Wednesday . The company traded as high as $10.84 and last traded at $10.83. 79,689 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 158,298 shares. The stock had previously closed at $10.80.

Mountain & Co. I Acquisition Corp. Trading Up 0.1 %

The company has a 50-day moving average of $10.75 and a 200-day moving average of $10.55.

Institutional Trading of Mountain & Co. I Acquisition Corp.

Several hedge funds have recently made changes to their positions in MCAA. Calamos Advisors LLC bought a new stake in shares of Mountain & Co. I Acquisition Corp. during the 4th quarter valued at $14,027,000. Glazer Capital LLC grew its position in Mountain & Co. I Acquisition Corp. by 62.1% during the fourth quarter. Glazer Capital LLC now owns 2,059,573 shares of the company’s stock worth $21,378,000 after buying an additional 789,033 shares in the last quarter. Starboard Value LP purchased a new position in shares of Mountain & Co. I Acquisition Corp. in the 1st quarter worth about $4,423,000. Boothbay Fund Management LLC purchased a new position in shares of Mountain & Co. I Acquisition Corp. in the 1st quarter worth about $4,587,000. Finally, Millennium Management LLC boosted its holdings in shares of Mountain & Co. I Acquisition Corp. by 99.7% in the 2nd quarter. Millennium Management LLC now owns 725,000 shares of the company’s stock worth $7,337,000 after purchasing an additional 362,005 shares in the last quarter. 65.61% of the stock is currently owned by institutional investors.

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.