Schechter Investment Advisors LLC Reduces Holdings in Melar Acquisition Corp. I (NASDAQ:MACI)

Schechter Investment Advisors LLC cut its stake in Melar Acquisition Corp. I (NASDAQ:MACI) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 326,142 shares of the company’s stock after selling 17,795 shares during the period. Schechter Investment Advisors LLC’s holdings in Melar Acquisition Corp. I were worth $3,288,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Wolverine Asset Management LLC purchased a new position in Melar Acquisition Corp. I in the 3rd quarter valued at $1,034,000. ATW Spac Management LLC acquired a new position in Melar Acquisition Corp. I during the third quarter worth $1,059,000. Periscope Capital Inc. acquired a new stake in shares of Melar Acquisition Corp. I in the third quarter valued at approximately $2,497,000. Glazer Capital LLC purchased a new stake in Melar Acquisition Corp. I during the 3rd quarter worth about $3,748,000. Finally, Berkley W R Corp purchased a new position in shares of Melar Acquisition Corp. I during the 3rd quarter worth $1,991,000.

Melar Acquisition Corp. I Trading Up 0.4 %

Shares of MACI opened at $10.23 on Monday. Melar Acquisition Corp. I has a fifty-two week low of $9.95 and a fifty-two week high of $10.24. The company has a fifty day moving average of $10.13.

Melar Acquisition Corp. I Profile

Melar 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. Melar Acquisition Corp. I is based in NEW YORK.