Cruiser Capital Advisors LLC Buys New Shares in Latch, Inc. (NASDAQ:LTCH)

Cruiser Capital Advisors LLC acquired a new stake in Latch, Inc. (NASDAQ:LTCH) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 90,000 shares of the company’s stock, valued at approximately $125,000. Cruiser Capital Advisors LLC owned 0.06% of Latch at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LTCH. AQR Capital Management LLC acquired a new position in shares of Latch during the second quarter valued at about $30,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Latch during the 2nd quarter worth approximately $30,000. Legal & General Group Plc raised its position in shares of Latch by 55.5% during the second quarter. Legal & General Group Plc now owns 32,097 shares of the company’s stock worth $37,000 after purchasing an additional 11,461 shares during the period. Silverlake Wealth Management LLC acquired a new position in shares of Latch during the fourth quarter worth approximately $38,000. Finally, American International Group Inc. acquired a new position in shares of Latch during the second quarter worth approximately $38,000. 45.86% of the stock is owned by institutional investors and hedge funds.

Latch Stock Performance

LTCH traded up $0.01 during trading on Monday, hitting $0.81. 1,066 shares of the company’s stock were exchanged, compared to its average volume of 716,548. The business’s 50 day moving average is $0.88 and its two-hundred day moving average is $1.04. Latch, Inc. has a fifty-two week low of $0.45 and a fifty-two week high of $2.39.

Latch Company Profile

Latch, Inc operates as an enterprise technology company in the United States and Canada. The company offers LatchOS, an operating system that extends smart access, delivery and guest management, smart home and sensors, connectivity, and personalization and services. Its software products include Latch Resident Mobile Applications, Latch Manager Web, and the Latch Manager Mobile Applications.