Karpus Management Inc. Has $3.97 Million Position in AlphaTime Acquisition Corp (NASDAQ:ATMC)

Karpus Management Inc. decreased its holdings in AlphaTime Acquisition Corp (NASDAQ:ATMC) by 8.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 362,317 shares of the company’s stock after selling 33,000 shares during the quarter. Karpus Management Inc. owned 5.27% of AlphaTime Acquisition worth $3,967,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ATMC. Mizuho Securities USA LLC raised its stake in AlphaTime Acquisition by 94.3% during the fourth quarter. Mizuho Securities USA LLC now owns 250,000 shares of the company’s stock worth $2,680,000 after acquiring an additional 121,325 shares in the last quarter. Quarry LP acquired a new stake in shares of AlphaTime Acquisition during the 4th quarter worth about $536,000. Finally, Glazer Capital LLC lifted its holdings in AlphaTime Acquisition by 0.3% during the 4th quarter. Glazer Capital LLC now owns 621,061 shares of the company’s stock valued at $6,664,000 after purchasing an additional 2,145 shares during the last quarter. 82.24% of the stock is owned by institutional investors.

AlphaTime Acquisition Price Performance

AlphaTime Acquisition stock remained flat at $11.11 during trading hours on Thursday. The firm has a fifty day moving average of $11.08 and a 200-day moving average of $10.96. AlphaTime Acquisition Corp has a 1 year low of $10.42 and a 1 year high of $11.86.

AlphaTime Acquisition Company Profile

AlphaTime Acquisition Corp intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.