Berenson Acquisition Corp. I (NYSE:BACA) Trading Down 0.1%

Berenson Acquisition Corp. I (NYSE:BACA) shares were down 0.1% on Thursday . The company traded as low as $10.34 and last traded at $10.38. Approximately 43,850 shares were traded during trading, an increase of 816% from the average daily volume of 4,788 shares. The stock had previously closed at $10.39.

Berenson Acquisition Corp. I Stock Performance

The stock’s 50 day moving average price is $10.32 and its two-hundred day moving average price is $10.29.

Hedge Funds Weigh In On Berenson Acquisition Corp. I

A number of institutional investors have recently made changes to their positions in BACA. Jane Street Group LLC grew its position in shares of Berenson Acquisition Corp. I by 27.6% in the first quarter. Jane Street Group LLC now owns 33,040 shares of the company’s stock valued at $332,000 after purchasing an additional 7,151 shares during the period. Two Sigma Securities LLC purchased a new position in shares of Berenson Acquisition Corp. I during the 1st quarter worth about $109,000. Toroso Investments LLC lifted its holdings in shares of Berenson Acquisition Corp. I by 48.1% during the 1st quarter. Toroso Investments LLC now owns 40,000 shares of the company’s stock worth $408,000 after acquiring an additional 12,996 shares during the period. Centiva Capital LP acquired a new stake in shares of Berenson Acquisition Corp. I in the second quarter worth approximately $220,000. Finally, Robinson Capital Management LLC grew its holdings in Berenson Acquisition Corp. I by 98.9% in the fourth quarter. Robinson Capital Management LLC now owns 67,290 shares of the company’s stock valued at $690,000 after purchasing an additional 33,462 shares during the period. 68.34% of the stock is owned by institutional investors and hedge funds.

Berenson Acquisition Corp. I Company Profile

Berenson Acquisition Corp. I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying business combination targets in the software and technology-enabled services industry.