Slam (OTCMKTS:SLAMU) Trading 0.3% Higher

Shares of Slam Corp. (OTCMKTS:SLAMU) shot up 0.3% during trading on Tuesday . The company traded as high as $11.03 and last traded at $11.03. 1,000 shares traded hands during mid-day trading, an increase of 35% from the average session volume of 743 shares. The stock had previously closed at $11.00.

Slam Trading Up 0.3 %

The company has a fifty day moving average price of $10.99 and a two-hundred day moving average price of $10.91.

Institutional Trading of Slam

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SLAMU. UBS Group AG raised its stake in Slam by 5.3% during the second quarter. UBS Group AG now owns 21,753 shares of the company’s stock worth $215,000 after acquiring an additional 1,089 shares in the last quarter. Ancora Advisors LLC grew its holdings in shares of Slam by 117.5% in the 1st quarter. Ancora Advisors LLC now owns 7,300 shares of the company’s stock worth $72,000 after purchasing an additional 3,944 shares during the last quarter. Jane Street Group LLC increased its position in shares of Slam by 6.2% during the 3rd quarter. Jane Street Group LLC now owns 224,360 shares of the company’s stock worth $2,223,000 after purchasing an additional 13,137 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its holdings in Slam by 37.1% during the 4th quarter. Susquehanna International Group LLP now owns 48,896 shares of the company’s stock valued at $494,000 after purchasing an additional 13,220 shares during the last quarter.

About Slam

Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. Slam Corp. was incorporated in 2020 and is based in New York, New York.