Anzu Special Acquisition Corp I (NASDAQ:ANZU) Sees Large Volume Increase

Anzu Special Acquisition Corp I (NASDAQ:ANZUGet Rating) shares saw an uptick in trading volume on Tuesday . 5,000 shares traded hands during trading, a decline of 90% from the previous session’s volume of 51,493 shares.The stock last traded at $9.78 and had previously closed at $9.80.

The business has a 50-day moving average of $9.79 and a 200-day moving average of $9.76.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Qube Research & Technologies Ltd acquired a new position in Anzu Special Acquisition Corp I in the 4th quarter valued at about $198,000. Glazer Capital LLC boosted its stake in shares of Anzu Special Acquisition Corp I by 7,864.7% in the 4th quarter. Glazer Capital LLC now owns 2,510,558 shares of the company’s stock valued at $24,453,000 after buying an additional 2,479,037 shares during the period. Centiva Capital LP boosted its stake in shares of Anzu Special Acquisition Corp I by 60.3% in the 4th quarter. Centiva Capital LP now owns 160,258 shares of the company’s stock valued at $1,563,000 after buying an additional 60,258 shares during the period. Aristeia Capital LLC purchased a new position in shares of Anzu Special Acquisition Corp I in the 4th quarter valued at about $26,025,000. Finally, Citadel Advisors LLC purchased a new position in shares of Anzu Special Acquisition Corp I in the 3rd quarter valued at about $4,850,000. 61.55% of the stock is owned by institutional investors.

About Anzu Special Acquisition Corp I (NASDAQ:ANZU)

Anzu Special Acquisition Corp I does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of industrial applications.

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