Tristar Acquisition I (NYSE:TRIS) Trading 0.1% Higher

Tristar Acquisition I Corp. (NYSE:TRIS) traded up 0.1% during mid-day trading on Thursday . The company traded as high as $11.03 and last traded at $11.03. 3,872 shares changed hands during trading, a decline of 93% from the average session volume of 54,713 shares. The stock had previously closed at $11.02.

Tristar Acquisition I Stock Up 0.1 %

The firm’s 50 day simple moving average is $10.95 and its two-hundred day simple moving average is $10.85.

Hedge Funds Weigh In On Tristar Acquisition I

Hedge funds and other institutional investors have recently made changes to their positions in the company. Picton Mahoney Asset Management grew its holdings in shares of Tristar Acquisition I by 406.6% during the 4th quarter. Picton Mahoney Asset Management now owns 1,013,160 shares of the company’s stock valued at $10,927,000 after purchasing an additional 813,160 shares during the last quarter. Mizuho Securities USA LLC bought a new stake in shares of Tristar Acquisition I during the 3rd quarter valued at approximately $5,889,000. Cowen AND Company LLC grew its holdings in shares of Tristar Acquisition I by 313.0% during the 3rd quarter. Cowen AND Company LLC now owns 498,826 shares of the company’s stock valued at $5,332,000 after purchasing an additional 378,032 shares during the last quarter. Spartan Fund Management Inc. grew its holdings in shares of Tristar Acquisition I by 1,566.7% during the 3rd quarter. Spartan Fund Management Inc. now owns 250,000 shares of the company’s stock valued at $2,673,000 after purchasing an additional 235,000 shares during the last quarter. Finally, Hsbc Holdings PLC bought a new stake in Tristar Acquisition I during the 4th quarter worth approximately $1,618,000. 62.44% of the stock is currently owned by institutional investors and hedge funds.

Tristar Acquisition I Company Profile

Tristar Acquisition I Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on targeting a telecommunications and technology oriented company.