Fir Tree Capital Management LP bought a new position in shares of Stratim Cloud Acquisition Corp. (NASDAQ:SCAQU) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 300,000 shares of the company’s stock, valued at approximately $3,000,000.
Several other hedge funds also recently bought and sold shares of the company. Toronto Dominion Bank acquired a new position in Stratim Cloud Acquisition during the first quarter worth $1,000,000. Weiss Asset Management LP purchased a new stake in shares of Stratim Cloud Acquisition in the first quarter valued at about $999,000. Whitebox Advisors LLC acquired a new stake in Stratim Cloud Acquisition during the first quarter worth about $2,500,000. Walleye Trading LLC purchased a new position in Stratim Cloud Acquisition during the first quarter worth about $300,000. Finally, Saba Capital Management L.P. acquired a new position in Stratim Cloud Acquisition in the 1st quarter valued at about $10,000,000.
Shares of NASDAQ SCAQU opened at $9.95 on Thursday. The business’s 50 day moving average price is $9.97. Stratim Cloud Acquisition Corp. has a 1 year low of $9.85 and a 1 year high of $10.06.
Stratim Cloud Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other transaction with one or more businesses. The company was incorporated in 2020 and is based in San Francisco, California.
Featured Story: What are economic reports?
Want to see what other hedge funds are holding SCAQU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stratim Cloud Acquisition Corp. (NASDAQ:SCAQU).
Receive News & Ratings for Stratim Cloud Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stratim Cloud Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.