Berenson Acquisition Corp. I (NYSE:BACA – Get Free Report)’s share price rose 0.4% during trading on Wednesday . The company traded as high as $10.34 and last traded at $10.34. Approximately 8,510 shares were traded during mid-day trading, an increase of 646% from the average daily volume of 1,141 shares. The stock had previously closed at $10.30.
Berenson Acquisition Corp. I Stock Performance
The firm has a 50 day moving average price of $10.28 and a 200-day moving average price of $10.29.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC increased its position in Berenson Acquisition Corp. I by 27.6% during the 1st quarter. Jane Street Group LLC now owns 33,040 shares of the company’s stock worth $332,000 after purchasing an additional 7,151 shares in the last quarter. Two Sigma Securities LLC purchased a new stake in shares of Berenson Acquisition Corp. I during the 1st quarter worth about $109,000. Toroso Investments LLC grew its holdings in shares of Berenson Acquisition Corp. I by 48.1% during the 1st quarter. Toroso Investments LLC now owns 40,000 shares of the company’s stock worth $408,000 after purchasing an additional 12,996 shares during the period. Centiva Capital LP purchased a new stake in shares of Berenson Acquisition Corp. I during the 2nd quarter worth about $220,000. Finally, Robinson Capital Management LLC grew its holdings in shares of Berenson Acquisition Corp. I by 98.9% during the 4th quarter. Robinson Capital Management LLC now owns 67,290 shares of the company’s stock worth $690,000 after purchasing an additional 33,462 shares during the period. Institutional investors and hedge funds own 68.34% of the company’s stock.
Berenson Acquisition Corp. I Company Profile
Berenson Acquisition Corp. I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying business combination targets in the software and technology-enabled services industry.
Recommended Stories
- Five stocks we like better than Berenson Acquisition Corp. I
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Best Bear Market Funds: Top 3 Investment Options to Consider
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Is DraftKings A Good Bet Ahead of Q1 Earnings?
- What is the S&P 500 and How It is Distinct from Other Indexes
- Mid-Cap Stocks to Outperform the Market This Cycle
Receive News & Ratings for Berenson Acquisition Corp. I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berenson Acquisition Corp. I and related companies with MarketBeat.com's FREE daily email newsletter.
