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

Periscope Capital Inc. trimmed its stake in shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA) by 20.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,000 shares of the company’s stock after selling 39,259 shares during the quarter. Periscope Capital Inc.’s holdings in Mountain & Co. I Acquisition Corp. were worth $1,756,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wolverine Asset Management LLC boosted its holdings in shares of Mountain & Co. I Acquisition Corp. by 783.2% during the 2nd quarter. Wolverine Asset Management LLC now owns 135,600 shares of the company’s stock worth $1,580,000 after buying an additional 120,247 shares during the period. Spartan Fund Management Inc. lifted its position in Mountain & Co. I Acquisition Corp. by 132.9% during the second quarter. Spartan Fund Management Inc. now owns 147,934 shares of the company’s stock worth $1,722,000 after acquiring an additional 84,408 shares during the last quarter. Logan Stone Capital LLC bought a new stake in shares of Mountain & Co. I Acquisition Corp. during the second quarter worth approximately $2,146,000. Finally, Berkley W R Corp boosted its holdings in shares of Mountain & Co. I Acquisition Corp. by 111.0% during the first quarter. Berkley W R Corp now owns 1,147,721 shares of the company’s stock worth $13,187,000 after acquiring an additional 603,686 shares during the period. 64.23% of the stock is currently owned by institutional investors and hedge funds.

Mountain & Co. I Acquisition Corp. Stock Performance

Shares of NASDAQ MCAA opened at $11.39 on Friday. The business’s 50 day moving average is $11.64 and its 200-day moving average is $11.64. Mountain & Co. I Acquisition Corp. has a 1-year low of $11.18 and a 1-year 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.