Americas Technology Acquisition (NYSEARCA:ATA) Stock Passes Above 200-Day Moving Average of $10.59

Americas Technology Acquisition Corp. (NYSEARCA:ATA) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.59 and traded as high as $10.59. Americas Technology Acquisition shares last traded at $10.59, with a volume of 200 shares.

Americas Technology Acquisition Trading Up 0.0 %

The stock’s 50-day moving average is $10.59 and its 200-day moving average is $10.59.

Institutional Trading of Americas Technology Acquisition

A hedge fund recently raised its stake in Americas Technology Acquisition stock. Glazer Capital LLC boosted its stake in Americas Technology Acquisition Corp. (NYSEARCA:ATA) by 458.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 649,087 shares of the company’s stock after acquiring an additional 532,780 shares during the quarter. Glazer Capital LLC owned about 4.48% of Americas Technology Acquisition worth $6,673,000 at the end of the most recent reporting period. 55.60% of the stock is owned by hedge funds and other institutional investors.

About Americas Technology Acquisition

Americas Technology Acquisition Corp. does not have significant operations. It intends to acquire assets and businesses through a merger, share exchange, share purchase, recapitalization, reorganization, or similar business combination in the technology, media, and telecommunications sector. The company was incorporated in 2020 and is based in Dallas, Texas.