Periscope Capital Inc. Has $1.76 Million Stock Position in Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA)

Periscope Capital Inc. cut its stake in shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA) by 20.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 150,000 shares of the company’s stock after selling 39,259 shares during the period. Periscope Capital Inc. owned 1.06% of Mountain & Co. I Acquisition Corp. worth $1,756,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Berkley W R Corp boosted its holdings in shares of Mountain & Co. I Acquisition Corp. by 111.0% in the 1st quarter. Berkley W R Corp now owns 1,147,721 shares of the company’s stock valued at $13,187,000 after buying an additional 603,686 shares during the last quarter. Wolverine Asset Management LLC raised its position in Mountain & Co. I Acquisition Corp. by 327.6% during the third quarter. Wolverine Asset Management LLC now owns 579,828 shares of the company’s stock worth $6,790,000 after acquiring an additional 444,228 shares in the last quarter. Logan Stone Capital LLC acquired a new stake in Mountain & Co. I Acquisition Corp. in the second quarter valued at $2,146,000. Finally, Spartan Fund Management Inc. grew its position in shares of Mountain & Co. I Acquisition Corp. by 132.9% in the 2nd quarter. Spartan Fund Management Inc. now owns 147,934 shares of the company’s stock valued at $1,722,000 after acquiring an additional 84,408 shares during the period. 64.23% of the stock is currently owned by institutional investors.

Mountain & Co. I Acquisition Corp. Stock Performance

Mountain & Co. I Acquisition Corp. stock opened at $11.39 on Friday. The company’s 50-day moving average is $11.64 and its 200-day moving average is $11.64. Mountain & Co. I Acquisition Corp. has a fifty-two week low of $11.18 and a fifty-two week high of $12.34.

About Mountain & Co. I Acquisition Corp.

Mountain & Co I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in consumer Internet and B2B digital infrastructure sectors.