Renatus Tactical Acquisition Corp I (NASDAQ:RTACU – Get Free Report)’s share price shot up 0.2% during trading on Wednesday . The stock traded as high as $10.73 and last traded at $10.67. 5,690 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 9,142 shares. The stock had previously closed at $10.65.
Renatus Tactical Acquisition Corp I Stock Performance
The stock has a 50-day moving average price of $10.64 and a 200-day moving average price of $10.92.
Hedge Funds Weigh In On Renatus Tactical Acquisition Corp I
A number of hedge funds have recently made changes to their positions in the stock. Patriot Financial Group Insurance Agency LLC raised its position in shares of Renatus Tactical Acquisition Corp I by 9.4% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 31,542 shares of the company’s stock worth $349,000 after acquiring an additional 2,702 shares during the last quarter. T3 Companies LLC bought a new position in shares of Renatus Tactical Acquisition Corp I during the fourth quarter worth about $114,000. Clear Street Group Inc. bought a new position in shares of Renatus Tactical Acquisition Corp I during the third quarter worth about $370,000. JPMorgan Chase & Co. bought a new position in shares of Renatus Tactical Acquisition Corp I during the second quarter worth about $499,000. Finally, DLD Asset Management LP bought a new position in shares of Renatus Tactical Acquisition Corp I during the first quarter worth about $524,000.
About Renatus Tactical Acquisition Corp I
Renatus Tactical Acquisition Corp I is a special purpose acquisition company (SPAC) organized to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Incorporated in Delaware, the company carries no ongoing operations of its own but is formed to identify and consummate a transaction with one or more businesses.
In March 2021, Renatus Tactical Acquisition Corp I completed its initial public offering of units, each consisting of one share of common stock and a fraction of a warrant, and began trading on the Nasdaq under the ticker symbol RTACU.
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