Castle Creek Arbitrage LLC Trims Holdings in Landcadia Holdings III, Inc (NASDAQ:LCY)

Castle Creek Arbitrage LLC trimmed its position in Landcadia Holdings III, Inc (NASDAQ:LCY) by 40.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 613,139 shares of the company’s stock after selling 423,058 shares during the quarter. Castle Creek Arbitrage LLC owned about 0.95% of Landcadia Holdings III worth $6,134,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in LCY. Global Retirement Partners LLC acquired a new stake in Landcadia Holdings III during the first quarter worth about $31,000. Penserra Capital Management LLC acquired a new stake in Landcadia Holdings III during the first quarter worth about $73,000. Virtu Financial LLC acquired a new stake in Landcadia Holdings III during the fourth quarter worth about $127,000. Marathon Trading Investment Management LLC acquired a new stake in Landcadia Holdings III during the first quarter worth about $135,000. Finally, Bessemer Group Inc. acquired a new stake in Landcadia Holdings III during the first quarter worth about $146,000. Hedge funds and other institutional investors own 71.83% of the company’s stock.

LCY remained flat at $$12.15 during trading on Thursday. The company’s stock had a trading volume of 1,101,402 shares, compared to its average volume of 859,040. Landcadia Holdings III, Inc has a one year low of $9.60 and a one year high of $12.65. The business has a fifty day moving average of $11.61.

Separately, Colliers Securities reaffirmed a “buy” rating on shares of Landcadia Holdings III in a report on Thursday, July 1st.

About Landcadia Holdings III

Landcadia Holdings III, Inc intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Automalsyt LLC. Landcadia Holdings III, Inc was founded in 2018 and is based in Houston, Texas.

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Institutional Ownership by Quarter for Landcadia Holdings III (NASDAQ:LCY)

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