Castle Creek Arbitrage LLC Takes $5.31 Million Position in Clarim Acquisition Corp. (NASDAQ:CLRM)

Castle Creek Arbitrage LLC bought a new stake in Clarim Acquisition Corp. (NASDAQ:CLRM) in the 1st quarter, Holdings Channel reports. The institutional investor bought 544,416 shares of the company’s stock, valued at approximately $5,311,000. Castle Creek Arbitrage LLC owned approximately 0.06% of Clarim Acquisition at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Owl Creek Asset Management L.P. acquired a new position in shares of Clarim Acquisition in the 1st quarter valued at approximately $246,000. Fir Tree Capital Management LP bought a new stake in shares of Clarim Acquisition during the 1st quarter valued at approximately $483,000. Alyeska Investment Group L.P. bought a new stake in shares of Clarim Acquisition during the 1st quarter valued at approximately $703,000. Jane Street Group LLC bought a new stake in shares of Clarim Acquisition during the 1st quarter valued at approximately $740,000. Finally, Atalaya Capital Management LP bought a new stake in shares of Clarim Acquisition during the 1st quarter valued at approximately $966,000. Institutional investors own 90.58% of the company’s stock.

Shares of Clarim Acquisition stock remained flat at $$9.65 during midday trading on Thursday. 863 shares of the company traded hands, compared to its average volume of 9,370. The stock’s 50 day moving average price is $9.71. Clarim Acquisition Corp. has a 12 month low of $9.63 and a 12 month high of $9.99.

About Clarim Acquisition

Clarim Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.

Further Reading: What is the Stochastic Momentum Index (SMI)?

Want to see what other hedge funds are holding CLRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Clarim Acquisition Corp. (NASDAQ:CLRM).

Institutional Ownership by Quarter for Clarim Acquisition (NASDAQ:CLRM)

Receive News & Ratings for Clarim Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clarim Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.