Verition Fund Management LLC Purchases Shares of 202,400 DP Cap Acquisition Corp I (NASDAQ:DPCS)

Verition Fund Management LLC purchased a new stake in shares of DP Cap Acquisition Corp I (NASDAQ:DPCSGet Rating) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 202,400 shares of the company’s stock, valued at approximately $2,012,000.

A number of other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada bought a new stake in shares of DP Cap Acquisition Corp I in the first quarter valued at about $30,000. Toronto Dominion Bank bought a new stake in shares of DP Cap Acquisition Corp I in the first quarter valued at about $99,000. Cohanzick Management LLC bought a new stake in shares of DP Cap Acquisition Corp I in the first quarter valued at about $149,000. Context Capital Management LLC bought a new stake in shares of DP Cap Acquisition Corp I in the first quarter valued at about $376,000. Finally, Glazer Capital LLC bought a new stake in shares of DP Cap Acquisition Corp I in the first quarter valued at about $431,000. 63.89% of the stock is currently owned by institutional investors.

DP Cap Acquisition Corp I Price Performance

NASDAQ:DPCS opened at $10.05 on Monday. DP Cap Acquisition Corp I has a 12-month low of $9.73 and a 12-month high of $10.15. The firm has a 50-day moving average price of $10.00 and a 200 day moving average price of $9.96.

About DP Cap Acquisition Corp I

(Get Rating)

DP Cap Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the tech-enabled consumer and technology sectors. DP Cap Acquisition Corp I was incorporated in 2021 and is based in Boston, Massachusetts.

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Institutional Ownership by Quarter for DP Cap Acquisition Corp I (NASDAQ:DPCS)

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