D. E. Shaw & Co. Inc. raised its holdings in SIM Acquisition Corp. I (NASDAQ:SIMA - Free Report) by 7.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 987,497 shares of the company's stock after purchasing an additional 70,000 shares during the period. D. E. Shaw & Co. Inc. owned 3.22% of SIM Acquisition Corp. I worth $9,914,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Picton Mahoney Asset Management purchased a new position in shares of SIM Acquisition Corp. I during the fourth quarter valued at approximately $14,056,000. Wolverine Asset Management LLC purchased a new stake in shares of SIM Acquisition Corp. I during the 4th quarter worth about $6,209,000. Whitebox Advisors LLC acquired a new stake in SIM Acquisition Corp. I during the 4th quarter worth approximately $5,020,000. Westchester Capital Management LLC lifted its position in SIM Acquisition Corp. I by 225.0% during the fourth quarter. Westchester Capital Management LLC now owns 650,000 shares of the company's stock valued at $6,526,000 after buying an additional 450,000 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of SIM Acquisition Corp. I in the fourth quarter worth $4,016,000.
SIM Acquisition Corp. I Stock Performance
Shares of SIMA stock traded up $0.01 during mid-day trading on Tuesday, reaching $10.31. The company's stock had a trading volume of 31,119 shares, compared to its average volume of 98,599. The company's 50 day simple moving average is $10.24 and its 200-day simple moving average is $10.13. SIM Acquisition Corp. I has a 12-month low of $9.95 and a 12-month high of $10.33.
About SIM Acquisition Corp. I
(
Free Report)
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.
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