Screaming Eagle Acquisition Corp. (NASDAQ:SCRM - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 1,515,475 shares changed hands during trading, an increase of 109% from the previous session's volume of 724,410 shares.The stock last traded at $10.75 and had previously closed at $10.74.
Screaming Eagle Acquisition Stock Performance
The firm has a 50-day moving average price of $10.67 and a 200-day moving average price of $10.59.
Hedge Funds Weigh In On Screaming Eagle Acquisition
A number of hedge funds have recently modified their holdings of the stock. Deutsche Bank AG grew its holdings in shares of Screaming Eagle Acquisition by 95.0% during the third quarter. Deutsche Bank AG now owns 102,612 shares of the company's stock valued at $1,073,000 after buying an additional 50,000 shares in the last quarter. Westchester Capital Management LLC grew its holdings in shares of Screaming Eagle Acquisition by 35.1% during the third quarter. Westchester Capital Management LLC now owns 5,025,580 shares of the company's stock valued at $52,568,000 after buying an additional 1,304,403 shares in the last quarter. Wealthspring Capital LLC grew its holdings in shares of Screaming Eagle Acquisition by 11.5% during the third quarter. Wealthspring Capital LLC now owns 631,531 shares of the company's stock valued at $6,606,000 after buying an additional 64,944 shares in the last quarter. K2 Principal Fund L.P. purchased a new position in shares of Screaming Eagle Acquisition during the third quarter valued at $121,000. Finally, Schechter Investment Advisors LLC grew its holdings in shares of Screaming Eagle Acquisition by 13.7% during the third quarter. Schechter Investment Advisors LLC now owns 2,964,676 shares of the company's stock valued at $31,011,000 after buying an additional 357,562 shares in the last quarter. 73.98% of the stock is currently owned by institutional investors and hedge funds.
Screaming Eagle Acquisition Company Profile
(
Get Free Report)
Screaming Eagle Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
See Also
Before you consider Screaming Eagle Acquisition, 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 Screaming Eagle Acquisition wasn't on the list.
While Screaming Eagle Acquisition currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
