Schonfeld Strategic Advisors LLC Buys Shares of 100,000 SIM Acquisition Corp. I (NASDAQ:SIMA)

Schonfeld Strategic Advisors LLC acquired a new stake in shares of SIM Acquisition Corp. I (NASDAQ:SIMA - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 100,000 shares of the company's stock, valued at approximately $1,004,000. Schonfeld Strategic Advisors LLC owned about 0.33% of SIM Acquisition Corp. I at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Picton Mahoney Asset Management bought a new position in SIM Acquisition Corp. I in the 4th quarter worth about $14,056,000. Westchester Capital Management LLC lifted its stake in shares of SIM Acquisition Corp. I by 225.0% in the fourth quarter. Westchester Capital Management LLC now owns 650,000 shares of the company's stock worth $6,526,000 after buying an additional 450,000 shares in the last quarter. Wolverine Asset Management LLC bought a new position in shares of SIM Acquisition Corp. I in the fourth quarter worth approximately $6,209,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of SIM Acquisition Corp. I during the fourth quarter valued at approximately $4,016,000. Finally, Quarry LP bought a new stake in shares of SIM Acquisition Corp. I during the fourth quarter valued at approximately $2,510,000.

SIM Acquisition Corp. I Price Performance

NASDAQ SIMA traded down $0.02 during mid-day trading on Tuesday, reaching $10.28. The stock had a trading volume of 2,408 shares, compared to its average volume of 100,841. SIM Acquisition Corp. I has a 1 year low of $9.95 and a 1 year high of $10.33. The company has a fifty day moving average price of $10.22 and a 200 day moving average price of $10.11.

SIM Acquisition Corp. I Profile

SIM Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company primary focus on the healthcare industry. SIM Acquisition Corp.