Slam Corp. (OTCMKTS:SLAMU – Get Free Report) was up 0.3% during trading on Tuesday . The stock traded as high as $11.03 and last traded at $11.03. Approximately 1,000 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 743 shares. The stock had previously closed at $11.00.
Slam Price Performance
The company has a 50 day moving average of $10.97 and a 200 day moving average of $10.91.
Institutional Trading of Slam
Several large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its holdings in Slam by 6.2% in the 3rd quarter. Jane Street Group LLC now owns 224,360 shares of the company’s stock valued at $2,223,000 after buying an additional 13,137 shares in the last quarter. Susquehanna International Group LLP grew its holdings in shares of Slam by 37.1% during the 4th quarter. Susquehanna International Group LLP now owns 48,896 shares of the company’s stock worth $494,000 after purchasing an additional 13,220 shares during the period. UBS Group AG grew its holdings in shares of Slam by 5.3% during the 2nd quarter. UBS Group AG now owns 21,753 shares of the company’s stock worth $215,000 after purchasing an additional 1,089 shares during the period. Finally, Ancora Advisors LLC grew its holdings in shares of Slam by 117.5% during the 1st quarter. Ancora Advisors LLC now owns 7,300 shares of the company’s stock worth $72,000 after purchasing an additional 3,944 shares during the period.
Slam Company Profile
Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. Slam Corp. was incorporated in 2020 and is based in New York, New York.
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