Trailblazer Merger Co. I (NASDAQ:TBMC - Get Free Report) was down 0.2% on Thursday . The stock traded as low as $11.80 and last traded at $11.86. Approximately 248,680 shares changed hands 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 Stock Up 0.2%
The firm's fifty day moving average is $11.56 and its two-hundred day moving average is $11.30.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TBMC. Toronto Dominion Bank bought a new stake in shares of Trailblazer Merger Co. I during the fourth quarter valued at approximately $2,671,000. Boothbay Fund Management LLC purchased a new position in shares of Trailblazer Merger Co. I in the fourth quarter worth $2,482,000. Harraden Circle Investments LLC bought a new position in shares of Trailblazer Merger Co. I during the fourth quarter valued at $2,426,000. Wolverine Asset Management LLC lifted its holdings in shares of Trailblazer Merger Co. I by 11.3% during the first quarter. Wolverine Asset Management LLC now owns 146,259 shares of the company's stock valued at $1,647,000 after purchasing an additional 14,851 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its position in shares of 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 valued at $934,000 after buying an additional 1,201 shares during the last quarter. Institutional investors 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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