Verition Fund Management LLC Sells 202,700 Shares of DP Cap Acquisition Corp I (NASDAQ:DPCSU)

Verition Fund Management LLC decreased its stake in shares of DP Cap Acquisition Corp I (NASDAQ:DPCSUGet Rating) by 40.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 296,732 shares of the company’s stock after selling 202,700 shares during the quarter. Verition Fund Management LLC’s holdings in DP Cap Acquisition Corp I were worth $2,973,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Karpus Management Inc. bought a new position in DP Cap Acquisition Corp I during the fourth quarter valued at $506,000. Saba Capital Management L.P. bought a new position in DP Cap Acquisition Corp I during the fourth quarter valued at $3,301,000. Glazer Capital LLC bought a new position in DP Cap Acquisition Corp I during the fourth quarter valued at $723,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in DP Cap Acquisition Corp I during the fourth quarter valued at $506,000. Finally, Fifth Lane Capital LP bought a new position in DP Cap Acquisition Corp I during the fourth quarter valued at $1,517,000.

DP Cap Acquisition Corp I Stock Performance

DPCSU stock opened at $10.10 on Friday. DP Cap Acquisition Corp I has a 52 week low of $9.96 and a 52 week high of $10.28. The company has a fifty day simple moving average of $10.00 and a two-hundred day simple moving average of $10.02.

DP Cap Acquisition Corp I Profile

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DP Cap Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the tech-enabled consumer and technology sectors. DP Cap Acquisition Corp I was incorporated in 2021 and is based in Boston, Massachusetts.

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Institutional Ownership by Quarter for DP Cap Acquisition Corp I (NASDAQ:DPCSU)

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