Tuttle Capital Management LLC trimmed its position in shares of Global Consumer Acquisition Corp. (NASDAQ:GACQ – Get Rating) by 14.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,492 shares of the company’s stock after selling 9,688 shares during the period. Tuttle Capital Management LLC owned approximately 0.24% of Global Consumer Acquisition worth $293,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mizuho Securities USA LLC increased its stake in Global Consumer Acquisition by 77.7% during the first quarter. Mizuho Securities USA LLC now owns 1,206,710 shares of the company’s stock valued at $12,007,000 after acquiring an additional 527,550 shares during the period. OTA Financial Group L.P. increased its stake in Global Consumer Acquisition by 2.2% during the first quarter. OTA Financial Group L.P. now owns 49,177 shares of the company’s stock valued at $491,000 after acquiring an additional 1,080 shares during the period. Logan Stone Capital LLC bought a new position in Global Consumer Acquisition during the fourth quarter valued at about $319,000. Saba Capital Management L.P. increased its stake in Global Consumer Acquisition by 18.0% during the fourth quarter. Saba Capital Management L.P. now owns 251,461 shares of the company’s stock valued at $2,492,000 after acquiring an additional 38,413 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its holdings in Global Consumer Acquisition by 200.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,680,000 shares of the company’s stock valued at $16,666,000 after purchasing an additional 1,120,000 shares in the last quarter. 73.93% of the stock is currently owned by institutional investors.
Global Consumer Acquisition Price Performance
NASDAQ GACQ opened at $10.12 on Tuesday. The stock’s 50 day moving average is $10.09 and its two-hundred day moving average is $10.02. Global Consumer Acquisition Corp. has a 1-year low of $9.67 and a 1-year high of $10.45.
Global Consumer Acquisition Company Profile
Global Consumer Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the consumer products and services sectors.
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