Westchester Capital Management LLC raised its position in shares of SIM Acquisition Corp. I (NASDAQ:SIMA – Free Report) by 225.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 650,000 shares of the company’s stock after buying an additional 450,000 shares during the quarter. Westchester Capital Management LLC’s holdings in SIM Acquisition Corp. I were worth $6,526,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in SIMA. Wolverine Asset Management LLC acquired a new position in SIM Acquisition Corp. I in the 4th quarter worth approximately $6,209,000. Robinson Capital Management LLC grew its stake in SIM Acquisition Corp. I by 31,208.0% in the fourth quarter. Robinson Capital Management LLC now owns 31,308 shares of the company’s stock valued at $314,000 after purchasing an additional 31,208 shares in the last quarter. Periscope Capital Inc. acquired a new position in SIM Acquisition Corp. I in the fourth quarter worth approximately $2,510,000. Jane Street Group LLC bought a new position in SIM Acquisition Corp. I during the third quarter valued at approximately $126,000. Finally, Picton Mahoney Asset Management acquired a new stake in SIM Acquisition Corp. I in the fourth quarter valued at approximately $14,056,000.
SIM Acquisition Corp. I Stock Performance
Shares of SIMA opened at $10.26 on Friday. The company’s fifty day moving average is $10.19 and its 200-day moving average is $10.09. SIM Acquisition Corp. I has a 12 month low of $9.95 and a 12 month high of $10.33.
SIM Acquisition Corp. I Company Profile
SIM Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company primary focus on the healthcare industry. SIM Acquisition Corp.
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