Deep Lake Capital Acquisition (NASDAQ:DLCA) Shares Down 0.1%

Deep Lake Capital Acquisition Corp. (NASDAQ:DLCA – Get Rating)’s share price fell 0.1% during mid-day trading on Monday . The company traded as low as $10.12 and last traded at $10.12. 250,800 shares traded hands during trading, a decline of 32% from the average session volume of 370,914 shares. The stock had previously closed at $10.13.

Deep Lake Capital Acquisition Trading Down 0.1 %

The business’s 50-day simple moving average is $10.07 and its 200-day simple moving average is $9.98.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Wolverine Asset Management LLC boosted its holdings in shares of Deep Lake Capital Acquisition by 14,041.4% during the 3rd quarter. Wolverine Asset Management LLC now owns 14,000 shares of the company’s stock worth $139,000 after buying an additional 13,901 shares in the last quarter. Virtu Financial LLC bought a new stake in Deep Lake Capital Acquisition in the 3rd quarter worth approximately $225,000. Royal Bank of Canada increased its stake in Deep Lake Capital Acquisition by 35,177.1% in the 3rd quarter. Royal Bank of Canada now owns 29,280 shares of the company’s stock worth $291,000 after purchasing an additional 29,197 shares during the period. Barclays PLC bought a new stake in shares of Deep Lake Capital Acquisition during the third quarter valued at approximately $329,000. Finally, Prelude Capital Management LLC bought a new stake in Deep Lake Capital Acquisition in the first quarter worth $440,000. Institutional investors own 72.18% of the company’s stock.

Deep Lake Capital Acquisition Company Profile

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Deep Lake Capital 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 its search on companies in the financial technology, ecommerce software, and data and analytics sectors.