Shares of Slam Corp. (OTCMKTS:SLAMU – Get Rating) were down 0.3% during mid-day trading on Thursday . The stock traded as low as $10.31 and last traded at $10.31. Approximately 168 shares were traded during trading, a decline of 99% from the average daily volume of 13,882 shares. The stock had previously closed at $10.34.
Slam Price Performance
The stock’s 50 day simple moving average is $10.22 and its two-hundred day simple moving average is $10.06.
Institutional Trading of Slam
A number of institutional investors have recently made changes to their positions in SLAMU. Susquehanna International Group LLP grew its stake in shares of Slam by 37.1% in the fourth quarter. Susquehanna International Group LLP now owns 48,896 shares of the company’s stock valued at $494,000 after acquiring an additional 13,220 shares in the last quarter. Cowen AND Company LLC bought a new position in Slam in the 4th quarter valued at approximately $364,000. Bank of Montreal Can bought a new position in Slam in the 4th quarter valued at approximately $208,000. Jane Street Group LLC raised 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 during the last quarter. Finally, UBS Group AG raised its holdings in Slam by 5.3% in the 2nd quarter. UBS Group AG now owns 21,753 shares of the company’s stock valued at $215,000 after buying an additional 1,089 shares during the last quarter.
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. The company was incorporated in 2020 and is based in New York, New York.
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