LMR Partners LLP purchased a new stake in shares of Melar Acquisition Corp. I (NASDAQ:MACI - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,485,000 shares of the company's stock, valued at approximately $14,939,000. LMR Partners LLP owned approximately 7.33% of Melar Acquisition Corp. I at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. D. E. Shaw & Co. Inc. grew its stake in shares of Melar Acquisition Corp. I by 35.6% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 576,328 shares of the company's stock worth $5,809,000 after purchasing an additional 151,328 shares during the period. Wolverine Asset Management LLC boosted its holdings in Melar Acquisition Corp. I by 216.1% during the fourth quarter. Wolverine Asset Management LLC now owns 327,172 shares of the company's stock worth $3,291,000 after buying an additional 223,672 shares in the last quarter. Hudson Bay Capital Management LP acquired a new stake in Melar Acquisition Corp. I during the fourth quarter valued at $3,270,000. Bulldog Investors LLP purchased a new position in Melar Acquisition Corp. I in the fourth quarter valued at $1,512,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in Melar Acquisition Corp. I in the fourth quarter valued at $507,000.
Melar Acquisition Corp. I Trading Up 0.1%
Shares of Melar Acquisition Corp. I stock traded up $0.01 during trading hours on Wednesday, reaching $10.34. The stock had a trading volume of 7,858 shares, compared to its average volume of 66,487. The stock's 50 day moving average is $10.27 and its 200 day moving average is $10.16. Melar Acquisition Corp. I has a twelve month low of $9.95 and a twelve month high of $10.39.
About Melar Acquisition Corp. I
(
Free Report)
Melar 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. Melar Acquisition Corp. I is based in NEW YORK.
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