Atlantic Coastal Acquisition (NASDAQ:ACAHU) Trading Up 2.6%

Atlantic Coastal Acquisition Corp. (NASDAQ:ACAHU) was up 2.6% during trading on Monday . The stock traded as high as $10.40 and last traded at $10.40. Approximately 2,000 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 5,689 shares. The stock had previously closed at $10.14.

Atlantic Coastal Acquisition Trading Up 2.6 %

The company has a fifty day moving average price of $10.41 and a two-hundred day moving average price of $10.25.

Institutional Trading of Atlantic Coastal Acquisition

Several institutional investors have recently bought and sold shares of the stock. OLD Mission Capital LLC acquired a new stake in Atlantic Coastal Acquisition in the 4th quarter valued at $25,000. Clear Street LLC boosted its stake in Atlantic Coastal Acquisition by 36.6% in the 4th quarter. Clear Street LLC now owns 5,600 shares of the company’s stock valued at $56,000 after buying an additional 1,501 shares in the last quarter. Longfellow Investment Management Co. LLC boosted its stake in Atlantic Coastal Acquisition by 294.8% in the 4th quarter. Longfellow Investment Management Co. LLC now owns 14,409 shares of the company’s stock valued at $144,000 after buying an additional 10,759 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in Atlantic Coastal Acquisition in the third quarter worth $162,000. Finally, Ancora Advisors LLC acquired a new position in Atlantic Coastal Acquisition in the first quarter worth $741,000.

Atlantic Coastal Acquisition Company Profile

Atlantic Coastal Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in mobility sector. The company was incorporated in 2020 and is based in New York, New York.