Parallax Volatility Advisers L.P. Acquires Shares of 50,400 Translational Development Acquisition Corp. (NASDAQ:TDACU)

Parallax Volatility Advisers L.P. bought a new stake in shares of Translational Development Acquisition Corp. (NASDAQ:TDACU) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 50,400 shares of the company’s stock, valued at approximately $929,000.

Several other large investors also recently modified their holdings of TDACU. Tuttle Capital Management LLC bought a new stake in Translational Development Acquisition during the fourth quarter worth about $461,000. Wealthspring Capital LLC acquired a new position in shares of Translational Development Acquisition in the 4th quarter valued at approximately $1,095,000. Yakira Capital Management Inc. acquired a new position in shares of Translational Development Acquisition in the 4th quarter valued at approximately $1,106,000. Warberg Asset Management LLC bought a new stake in shares of Translational Development Acquisition during the 4th quarter worth approximately $1,373,000. Finally, Radcliffe Capital Management L.P. acquired a new stake in shares of Translational Development Acquisition during the 4th quarter worth approximately $2,204,000.

Translational Development Acquisition Trading Up 0.1 %

Shares of NASDAQ:TDACU opened at $10.20 on Friday. The company has a 50 day moving average price of $10.15. Translational Development Acquisition Corp. has a 1 year low of $10.00 and a 1 year high of $10.30.

Translational Development Acquisition Company Profile

Trident Acquisitions Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses primarily in the oil and gas or other natural resource sector.