Wolverine Asset Management LLC Purchases 586,463 Shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA)

Wolverine Asset Management LLC grew its stake in shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA) by 281.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 795,100 shares of the company’s stock after acquiring an additional 586,463 shares during the period. Wolverine Asset Management LLC’s holdings in Mountain & Co. I Acquisition Corp. were worth $8,985,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MCAA. Shaolin Capital Management LLC grew its stake in shares of Mountain & Co. I Acquisition Corp. by 153.8% during the third quarter. Shaolin Capital Management LLC now owns 400,000 shares of the company’s stock worth $4,468,000 after buying an additional 1,143,822 shares during the last quarter. Mizuho Securities USA LLC grew its stake in shares of Mountain & Co. I Acquisition Corp. by 437.7% in the third quarter. Mizuho Securities USA LLC now owns 805,000 shares of the company’s stock worth $8,936,000 after purchasing an additional 655,285 shares during the last quarter. Cowen AND Company LLC bought a new stake in shares of Mountain & Co. I Acquisition Corp. in the third quarter worth $5,442,000. Meteora Capital LLC grew its stake in shares of Mountain & Co. I Acquisition Corp. by 46.3% in the third quarter. Meteora Capital LLC now owns 626,554 shares of the company’s stock worth $6,980,000 after purchasing an additional 198,248 shares during the last quarter. Finally, K2 Principal Fund L.P. bought a new stake in shares of Mountain & Co. I Acquisition Corp. in the third quarter worth $198,000. Institutional investors own 64.23% of the company’s stock.

Mountain & Co. I Acquisition Corp. Price Performance

MCAA stock traded up $0.02 during midday trading on Tuesday, hitting $11.54. The stock had a trading volume of 61,384 shares, compared to its average volume of 96,007. Mountain & Co. I Acquisition Corp. has a 1-year low of $10.69 and a 1-year high of $11.55. The business has a fifty day moving average price of $11.46 and a two-hundred day moving average price of $11.33.

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.