Wolverine Asset Management LLC increased its holdings in shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA - Free Report) by 281.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 795,100 shares of the company's stock after buying an additional 586,463 shares during the quarter. Wolverine Asset Management LLC owned 4.61% of Mountain & Co. I Acquisition Corp. worth $8,985,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Mizuho Securities USA LLC grew its stake in Mountain & Co. I Acquisition Corp. by 437.7% in the third quarter. Mizuho Securities USA LLC now owns 805,000 shares of the company's stock valued at $8,936,000 after purchasing an additional 655,285 shares in the last quarter. Cowen AND Company LLC acquired a new position in shares of Mountain & Co. I Acquisition Corp. during the 3rd quarter worth about $5,442,000. K2 Principal Fund L.P. acquired a new position in shares of Mountain & Co. I Acquisition Corp. during the 3rd quarter worth about $198,000. Meteora Capital LLC lifted its position in shares of Mountain & Co. I Acquisition Corp. by 46.3% during the 3rd quarter. Meteora Capital LLC now owns 626,554 shares of the company's stock worth $6,980,000 after purchasing an additional 198,248 shares during the last quarter. Finally, Shaolin Capital Management LLC lifted its position in shares of Mountain & Co. I Acquisition Corp. by 153.8% during the 3rd quarter. Shaolin Capital Management LLC now owns 400,000 shares of the company's stock worth $4,468,000 after purchasing an additional 1,143,822 shares during the last quarter. Hedge funds and other institutional investors own 64.23% of the company's stock.
Mountain & Co. I Acquisition Corp. Price Performance
Shares of NASDAQ MCAA traded up $0.02 during trading hours on Tuesday, hitting $11.54. 61,384 shares of the company's stock were exchanged, compared to its average volume of 96,007. Mountain & Co. I Acquisition Corp. has a 1-year low of $10.69 and a 1-year high of $11.55. The company's 50-day moving average price is $11.46 and its 200-day moving average price is $11.33.
Mountain & Co. I Acquisition Corp. Company Profile
(
Free Report)
Mountain & Co I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in consumer Internet and B2B digital infrastructure sectors.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Mountain & Co. I Acquisition Corp., 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 Mountain & Co. I Acquisition Corp. wasn't on the list.
While Mountain & Co. I Acquisition Corp. currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report