Picton Mahoney Asset Management Has $12.05 Million Position in Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR)

Picton Mahoney Asset Management lifted its position in shares of Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR) by 78.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,140,000 shares of the company’s stock after purchasing an additional 500,000 shares during the quarter. Picton Mahoney Asset Management owned 0.07% of Project Energy Reimagined Acquisition worth $12,050,000 at the end of the most recent reporting period.

Separately, Periscope Capital Inc. bought a new position in shares of Project Energy Reimagined Acquisition during the third quarter worth about $6,376,000. Institutional investors and hedge funds own 95.52% of the company’s stock.

Project Energy Reimagined Acquisition Trading Up 0.5 %

NASDAQ:PEGR traded up $0.05 on Tuesday, hitting $9.20. 19,765 shares of the company’s stock were exchanged, compared to its average volume of 72,521. Project Energy Reimagined Acquisition Corp. has a 52 week low of $7.40 and a 52 week high of $15.00. The firm has a 50-day moving average price of $10.03 and a 200-day moving average price of $10.39.

Project Energy Reimagined Acquisition Company Profile

Project Energy Reimagined Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus on the Electric Grid 2.0 sector.