Castle Creek Arbitrage LLC trimmed its position in shares of Ajax I (NYSE:AJAX) by 5.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 475,000 shares of the company’s stock after selling 25,000 shares during the period. Castle Creek Arbitrage LLC owned 0.53% of Ajax I worth $4,874,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Edge Capital Group LLC purchased a new position in Ajax I during the 1st quarter worth approximately $103,000. SG Americas Securities LLC purchased a new position in Ajax I during the 1st quarter worth approximately $173,000. OTA Financial Group L.P. purchased a new position in Ajax I during the 1st quarter worth approximately $203,000. Exos Asset Management LLC purchased a new position in Ajax I during the 1st quarter worth approximately $205,000. Finally, Goldman Sachs Group Inc. grew its position in Ajax I by 100.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 37,123 shares of the company’s stock worth $381,000 after purchasing an additional 18,618 shares in the last quarter. Hedge funds and other institutional investors own 52.86% of the company’s stock.
Shares of Ajax I stock traded up $0.01 on Thursday, hitting $9.94. 15,691 shares of the company traded hands, compared to its average volume of 804,967. The stock’s 50-day moving average is $9.94. Ajax I has a 12-month low of $9.84 and a 12-month high of $13.85.
Ajax I does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Ajax I was founded in 2020 and is based in New York, New York.
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