Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA) Trading Down 0.1%

Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAGet Free Report)’s share price fell 0.1% during trading on Tuesday . The company traded as low as $11.55 and last traded at $11.55. 1,950 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 85,454 shares. The stock had previously closed at $11.56.

Mountain & Co. I Acquisition Corp. Stock Down 0.1 %

The business has a fifty day moving average price of $11.51 and a 200 day moving average price of $11.37.

Institutional Investors Weigh In On Mountain & Co. I Acquisition Corp.

A number of large investors have recently modified their holdings of MCAA. Mizuho Securities USA LLC grew its stake in shares of Mountain & Co. I Acquisition Corp. by 437.7% in the third quarter. Mizuho Securities USA LLC now owns 805,000 shares of the company’s stock valued at $8,936,000 after buying an additional 655,285 shares in the last quarter. Cowen AND Company LLC acquired a new stake in Mountain & Co. I Acquisition Corp. during the 3rd quarter valued at approximately $5,442,000. Wolverine Asset Management LLC grew its stake in Mountain & Co. I Acquisition Corp. by 56.1% during the 3rd quarter. Wolverine Asset Management LLC now owns 208,637 shares of the company’s stock valued at $2,337,000 after purchasing an additional 74,988 shares in the last quarter. K2 Principal Fund L.P. acquired a new stake in Mountain & Co. I Acquisition Corp. during the 3rd quarter valued at approximately $198,000. Finally, Meteora Capital LLC grew its position in shares of Mountain & Co. I Acquisition Corp. by 46.3% in the 3rd quarter. Meteora Capital LLC now owns 626,554 shares of the company’s stock worth $6,980,000 after acquiring an additional 198,248 shares in the last quarter. Institutional investors and hedge funds own 64.23% of the company’s stock.

Mountain & Co. I Acquisition Corp. Company Profile

(Get Free Report)

Mountain & Co I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in consumer Internet and B2B digital infrastructure sectors.

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