Slam (OTCMKTS:SLAMU) Shares Down 0.1%

Slam Corp. (OTCMKTS:SLAMU)’s share price was down 0.1% during trading on Tuesday . The stock traded as low as $10.79 and last traded at $10.79. Approximately 101 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 6,245 shares. The stock had previously closed at $10.80.

Slam Stock Performance

The business’s 50 day moving average price is $10.76 and its 200 day moving average price is $10.59.

Institutional Trading of Slam

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS Group AG raised its position in shares of Slam by 5.3% in the second quarter. UBS Group AG now owns 21,753 shares of the company’s stock worth $215,000 after acquiring an additional 1,089 shares during the period. Ancora Advisors LLC increased its stake in shares of Slam by 117.5% in the 1st quarter. Ancora Advisors LLC now owns 7,300 shares of the company’s stock valued at $72,000 after purchasing an additional 3,944 shares in the last quarter. Virtu Financial LLC acquired a new stake in Slam in the second quarter valued at approximately $128,000. Jane Street Group LLC increased its position in shares of Slam by 6.2% in the third 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 in the last quarter. Finally, Susquehanna International Group LLP raised its stake in shares of Slam by 37.1% during the 4th quarter. Susquehanna International Group LLP now owns 48,896 shares of the company’s stock worth $494,000 after buying an additional 13,220 shares during the period.

About Slam

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. Slam Corp. was incorporated in 2020 and is based in New York, New York.