Trailblazer Merger Corporation I (NASDAQ:TBMC - Get Free Report) traded up 0.2% during mid-day trading on Tuesday . The company traded as high as $11.62 and last traded at $11.63. 3,608 shares were traded during mid-day trading, a decline of 84% from the average session volume of 22,068 shares. The stock had previously closed at $11.60.
Trailblazer Merger Corporation I Price Performance
The stock's 50-day moving average price is $11.74 and its 200-day moving average price is $11.44.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of TBMC. Mizuho Securities USA LLC lifted its position in shares of Trailblazer Merger Corporation I by 1.5% in the 1st 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 during the period. Wolverine Asset Management LLC lifted its position in shares of Trailblazer Merger Corporation I by 11.3% during the 1st quarter. Wolverine Asset Management LLC now owns 146,259 shares of the company's stock valued at $1,647,000 after acquiring an additional 14,851 shares during the period. Harraden Circle Investments LLC acquired a new position in shares of Trailblazer Merger Corporation I during the 4th quarter valued at $2,426,000. Boothbay Fund Management LLC acquired a new position in shares of Trailblazer Merger Corporation I during the 4th quarter valued at $2,482,000. Finally, Toronto Dominion Bank acquired a new position in shares of Trailblazer Merger Corporation I during the 4th quarter valued at $2,671,000. Institutional investors and hedge funds own 77.13% of the company's stock.
Trailblazer Merger Corporation 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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