Shares of Trailblazer Merger Co. I (NASDAQ:TBMC - Get Free Report) dropped 0.2% during trading on Thursday . The company traded as low as $11.80 and last traded at $11.86. Approximately 248,680 shares were traded during mid-day trading, an increase of 1,044% from the average daily volume of 21,740 shares. The stock had previously closed at $11.88.
Trailblazer Merger Co. I Trading Down 0.2%
The company's 50 day moving average price is $11.52 and its 200 day moving average price is $11.28.
Institutional Trading of Trailblazer Merger Co. I
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Mizuho Securities USA LLC lifted its stake in Trailblazer Merger Co. I by 1.5% during the first quarter. Mizuho Securities USA LLC now owns 83,366 shares of the company's stock worth $934,000 after purchasing an additional 1,201 shares in the last quarter. Wolverine Asset Management LLC raised its holdings in shares of Trailblazer Merger Co. I by 32,752.0% in the 4th quarter. Wolverine Asset Management LLC now owns 131,408 shares of the company's stock valued at $1,463,000 after buying an additional 131,008 shares during the period. Harraden Circle Investments LLC acquired a new position in Trailblazer Merger Co. I during the 4th quarter worth about $2,426,000. Boothbay Fund Management LLC purchased a new position in Trailblazer Merger Co. I during the 4th quarter valued at about $2,482,000. Finally, Toronto Dominion Bank acquired a new position in Trailblazer Merger Co. I in the 4th quarter valued at about $2,671,000. Institutional investors and hedge funds own 77.13% of the company's stock.
Trailblazer Merger Co. I Company Profile
(
Get 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.
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