Slam Corp. (OTCMKTS:SLAMU – Get Free Report) shares rose 0.2% on Friday . The company traded as high as $10.88 and last traded at $10.88. Approximately 972 shares traded hands during trading, a decline of 83% from the average daily volume of 5,598 shares. The stock had previously closed at $10.86.
Slam Trading Up 0.2 %
The business’s 50-day moving average is $10.81 and its two-hundred day moving average is $10.71.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the company. Virtu Financial LLC bought a new position in shares of Slam during the second quarter valued at about $128,000. Susquehanna International Group LLP raised its position in Slam by 37.1% in the fourth quarter. Susquehanna International Group LLP now owns 48,896 shares of the company’s stock worth $494,000 after acquiring an additional 13,220 shares during the period. Jane Street Group LLC raised its position in Slam by 6.2% in the third quarter. Jane Street Group LLC now owns 224,360 shares of the company’s stock worth $2,223,000 after acquiring an additional 13,137 shares during the period. UBS Group AG raised its position in 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. Finally, Ancora Advisors LLC raised its position in Slam by 117.5% in the first quarter. Ancora Advisors LLC now owns 7,300 shares of the company’s stock worth $72,000 after acquiring an additional 3,944 shares during the period.
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. Slam Corp. was incorporated in 2020 and is based in New York, New York.
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