Shares of Trailblazer Merger Corporation I (NASDAQ:TBMC - Get Free Report) shot up 0.9% during mid-day trading on Monday . The company traded as high as $11.79 and last traded at $11.75. 39,753 shares changed hands during mid-day trading, an increase of 58% from the average session volume of 25,212 shares. The stock had previously closed at $11.64.
Trailblazer Merger Corporation I Stock Up 0.0%
The business has a 50 day moving average of $11.73 and a 200-day moving average of $11.39.
Institutional Trading of Trailblazer Merger Corporation I
Several institutional investors and hedge funds have recently made changes to their positions in TBMC. Harraden Circle Investments LLC acquired a new stake in Trailblazer Merger Corporation I during the fourth quarter worth approximately $2,426,000. Boothbay Fund Management LLC purchased a new position in shares of Trailblazer Merger Corporation I during the 4th quarter worth $2,482,000. Toronto Dominion Bank acquired a new stake in shares of Trailblazer Merger Corporation I during the fourth quarter worth $2,671,000. Wolverine Asset Management LLC boosted its holdings in shares of Trailblazer Merger Corporation I by 11.3% during the first quarter. Wolverine Asset Management LLC now owns 146,259 shares of the company's stock worth $1,647,000 after purchasing an additional 14,851 shares during the last quarter. Finally, Mizuho Securities USA LLC grew its position in shares of Trailblazer Merger Corporation I by 1.5% in the first quarter. Mizuho Securities USA LLC now owns 83,366 shares of the company's stock valued at $934,000 after purchasing an additional 1,201 shares during the period. 77.13% of the stock is currently owned by hedge funds and other institutional investors.
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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