AQR Arbitrage LLC lessened its position in shares of Trailblazer Merger Co. I (NASDAQ:TBMC - Free Report) by 35.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 437,674 shares of the company's stock after selling 241,089 shares during the period. AQR Arbitrage LLC owned approximately 9.73% of Trailblazer Merger Co. I worth $4,863,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Wolverine Asset Management LLC grew its position in Trailblazer Merger Co. I by 32,752.0% in the fourth quarter. Wolverine Asset Management LLC now owns 131,408 shares of the company's stock valued at $1,463,000 after acquiring an additional 131,008 shares during the last quarter. Harraden Circle Investments LLC bought a new stake in shares of Trailblazer Merger Co. I during the 4th quarter valued at approximately $2,426,000. Finally, Boothbay Fund Management LLC bought a new stake in shares of Trailblazer Merger Co. I during the 4th quarter valued at approximately $2,482,000. 77.13% of the stock is owned by institutional investors.
Trailblazer Merger Co. I Price Performance
NASDAQ:TBMC traded up $0.04 on Tuesday, hitting $11.75. The company had a trading volume of 5,049 shares, compared to its average volume of 19,279. Trailblazer Merger Co. I has a 52 week low of $10.72 and a 52 week high of $12.89. The firm has a 50 day moving average of $11.38 and a two-hundred day moving average of $11.21.
Trailblazer Merger Co. I Profile
(
Free Report)
Trailblazer Merger Corp. I is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization or other similar business combination. The company was founded on November 12, 2021 and is headquartered in New York, NY.
See Also
Before you consider Trailblazer Merger Co. I, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trailblazer Merger Co. I wasn't on the list.
While Trailblazer Merger Co. I currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
