Berenson Acquisition Corp. I (NYSE:BACA) Trading Down 0.1%

Berenson Acquisition Corp. I (NYSE:BACA)’s stock price was down 0.1% on Thursday . The company traded as low as $10.34 and last traded at $10.38. Approximately 43,850 shares traded hands during mid-day trading, an increase of 816% from the average daily volume of 4,788 shares. The stock had previously closed at $10.39.

Berenson Acquisition Corp. I Stock Down 0.1 %

The stock’s fifty day simple moving average is $10.31 and its 200 day simple moving average is $10.29.

Hedge Funds Weigh In On Berenson Acquisition Corp. I

Hedge funds and other institutional investors have recently bought and sold shares of the business. Two Sigma Securities LLC acquired a new position in Berenson Acquisition Corp. I in the 1st quarter worth approximately $109,000. Centiva Capital LP acquired a new position in Berenson Acquisition Corp. I in the 2nd quarter worth approximately $220,000. Jane Street Group LLC acquired a new position in Berenson Acquisition Corp. I in the 3rd quarter worth approximately $258,000. Toroso Investments LLC lifted its holdings in shares of Berenson Acquisition Corp. I by 48.1% in the 1st quarter. Toroso Investments LLC now owns 40,000 shares of the company’s stock valued at $408,000 after buying an additional 12,996 shares during the period. Finally, Basso Capital Management L.P. grew its stake in shares of Berenson Acquisition Corp. I by 142.1% during the 1st quarter. Basso Capital Management L.P. now owns 60,532 shares of the company’s stock worth $590,000 after purchasing an additional 35,532 shares during the period. Institutional investors and hedge funds own 68.34% of the company’s stock.

About Berenson Acquisition Corp. I

Berenson Acquisition Corp. I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying business combination targets in the software and technology-enabled services industry.