Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU – Get Rating) shares shot up 0.6% on Monday . The company traded as high as $10.90 and last traded at $10.90. 700 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 2,604 shares. The stock had previously closed at $10.84.
Mountain & Co. I Acquisition Corp. Price Performance
The business has a 50-day simple moving average of $10.71 and a two-hundred day simple moving average of $10.52.
Institutional Trading of Mountain & Co. I Acquisition Corp.
Several large investors have recently added to or reduced their stakes in the company. Clear Street LLC increased its position in Mountain & Co. I Acquisition Corp. by 5,333.0% during the fourth quarter. Clear Street LLC now owns 5,433 shares of the company’s stock worth $56,000 after buying an additional 5,333 shares during the last quarter. State Street Corp acquired a new position in Mountain & Co. I Acquisition Corp. during the first quarter worth $134,000. Cubist Systematic Strategies LLC acquired a new position in Mountain & Co. I Acquisition Corp. during the second quarter worth $156,000. Finally, Hsbc Holdings PLC acquired a new position in Mountain & Co. I Acquisition Corp. during the third quarter worth $1,024,000.
Mountain & Co. I Acquisition Corp. Company Profile
Mountain & Co I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities in consumer Internet and B2B digital infrastructure sectors.
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