Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Stock Price Down 0.2% – Here’s What Happened

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU)’s stock price dropped 0.2% on Wednesday . The stock traded as low as $10.91 and last traded at $11.02. Approximately 1,739 shares were traded during trading, a decline of 79% from the average daily volume of 8,241 shares. The stock had previously closed at $11.04.

Renatus Tactical Acquisition Corp I Stock Down 0.2%

The company has a 50-day simple moving average of $11.15 and a 200 day simple moving average of $11.52.

Institutional Trading of Renatus Tactical Acquisition Corp I

Several hedge funds and other institutional investors have recently bought and sold shares of RTACU. Cannon Global Investment Management LLC acquired a new position in shares of Renatus Tactical Acquisition Corp I during the second quarter valued at about $207,000. Patriot Financial Group Insurance Agency LLC raised its holdings in Renatus Tactical Acquisition Corp I by 6.5% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 28,840 shares of the company’s stock valued at $330,000 after acquiring an additional 1,750 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Renatus Tactical Acquisition Corp I in the 2nd quarter worth approximately $356,000. Levin Capital Strategies L.P. bought a new stake in shares of Renatus Tactical Acquisition Corp I in the 2nd quarter worth approximately $359,000. Finally, Clear Street Group Inc. acquired a new stake in shares of Renatus Tactical Acquisition Corp I during the 3rd quarter worth approximately $370,000.

Renatus Tactical Acquisition Corp I Company Profile

Renatus Tactical Acquisition Corp I is a special purpose acquisition company (SPAC) organized to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Incorporated in Delaware, the company carries no ongoing operations of its own but is formed to identify and consummate a transaction with one or more businesses.

In March 2021, Renatus Tactical Acquisition Corp I completed its initial public offering of units, each consisting of one share of common stock and a fraction of a warrant, and began trading on the Nasdaq under the ticker symbol RTACU.