Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Trading 1.3% Higher – What’s Next?

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) shares traded up 1.3% during trading on Tuesday . The stock traded as high as $11.55 and last traded at $11.40. 72,402 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 301,593 shares. The stock had previously closed at $11.25.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Renatus Tactical Acquisition Corp I to a “hold” rating in a report on Saturday, May 24th.

Renatus Tactical Acquisition Corp I Stock Performance

The company has a fifty day moving average of $12.00.

Institutional Trading of Renatus Tactical Acquisition Corp I

Several institutional investors have recently made changes to their positions in the stock. RK Capital Management LLC FL acquired a new stake in shares of Renatus Tactical Acquisition Corp I during the second quarter worth approximately $9,866,000. Balyasny Asset Management L.P. acquired a new stake in shares of Renatus Tactical Acquisition Corp I during the second quarter worth approximately $3,579,000. Alberta Investment Management Corp acquired a new stake in shares of Renatus Tactical Acquisition Corp I during the second quarter worth approximately $3,182,000. Karpus Management Inc. acquired a new stake in Renatus Tactical Acquisition Corp I in the second quarter valued at approximately $2,219,000. Finally, Jane Street Group LLC acquired a new stake in Renatus Tactical Acquisition Corp I in the second quarter valued at approximately $1,829,000.

Renatus Tactical Acquisition Corp I Company Profile

We are a blank check company, incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.