DP Cap Acquisition Corp I (NASDAQ:DPCS) Trading Up 0.6%

DP Cap Acquisition Corp I (NASDAQ:DPCS)’s share price shot up 0.6% on Friday . The stock traded as high as $11.19 and last traded at $11.19. 1,890 shares traded hands during trading, a decline of 93% from the average session volume of 28,828 shares. The stock had previously closed at $11.12.

DP Cap Acquisition Corp I Price Performance

The stock’s 50-day simple moving average is $11.03 and its 200-day simple moving average is $10.92.

Institutional Trading of DP Cap Acquisition Corp I

A number of hedge funds have recently bought and sold shares of the business. Quarry LP bought a new position in shares of DP Cap Acquisition Corp I during the 4th quarter worth $268,000. Periscope Capital Inc. purchased a new position in DP Cap Acquisition Corp I during the 3rd quarter valued at about $1,041,000. Finally, Mizuho Securities USA LLC bought a new stake in shares of DP Cap Acquisition Corp I during the fourth quarter valued at about $2,165,000. 40.45% of the stock is currently owned by institutional investors.

About DP Cap Acquisition Corp I

DP Cap Acquisition Corp I does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire companies in the tech-enabled consumer and technology sectors.