Wolverine Asset Management LLC Lowers Position in Deep Lake Capital Acquisition Corp. (NASDAQ:DLCA)

Wolverine Asset Management LLC reduced its stake in Deep Lake Capital Acquisition Corp. (NASDAQ:DLCAGet Rating) by 86.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,723 shares of the company’s stock after selling 51,000 shares during the period. Wolverine Asset Management LLC’s holdings in Deep Lake Capital Acquisition were worth $75,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Magnetar Financial LLC purchased a new position in Deep Lake Capital Acquisition during the third quarter worth about $101,000. FNY Investment Advisers LLC purchased a new stake in shares of Deep Lake Capital Acquisition in the 4th quarter valued at approximately $108,000. Qube Research & Technologies Ltd purchased a new stake in shares of Deep Lake Capital Acquisition in the 4th quarter valued at approximately $187,000. CNH Partners LLC raised its stake in shares of Deep Lake Capital Acquisition by 20.2% in the 3rd quarter. CNH Partners LLC now owns 51,330 shares of the company’s stock valued at $500,000 after acquiring an additional 8,619 shares during the period. Finally, Cantor Fitzgerald Investment Adviser L.P. purchased a new stake in shares of Deep Lake Capital Acquisition in the 4th quarter valued at approximately $502,000. 67.69% of the stock is currently owned by institutional investors.

Deep Lake Capital Acquisition stock opened at $9.81 on Friday. The company’s 50 day simple moving average is $9.82 and its 200-day simple moving average is $9.78. Deep Lake Capital Acquisition Corp. has a 1 year low of $9.60 and a 1 year high of $10.35.

Deep Lake Capital Acquisition Profile (Get Rating)

Deep Lake Capital Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Incline Village, Nevada.

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Institutional Ownership by Quarter for Deep Lake Capital Acquisition (NASDAQ:DLCA)

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