Social Leverage Acquisition Corp I (NYSE:SLAC) trades up 0.1%


The share price of Social Leverage Acquisition Corp I (NYSE:SLAC – Get Rating) rose 0.1% during Monday’s trading session. The stock traded as high as $9.86 and last traded at $9.86. Around 64,841 shares were traded at midday, down 32% from the average daily volume of 94,933 shares. The stock had previously closed at $9.85.

Social Leverage Acquisition Corp I Price Performance

The company has a 50-day moving average price of $9.83 and a 200-day moving average price of $9.80.

Institutional investors weigh in on Social Leverage Acquisition Corp I

A number of hedge funds have recently changed their positions in the business. Westchester Capital Management LLC purchased a new stake in Social Leverage Acquisition Corp I during the second quarter for a value of approximately $4,504,000. Saba Capital Management LP increased its stake in Social Leverage Acquisition Corp I by 70.7% during the first quarter. Saba Capital Management LP now owns 800,325 shares of the company worth $7,835,000 after acquiring an additional 331,356 shares in the last quarter. Parallax Volatility Advisers LP acquired a new stake in Social Leverage Acquisition Corp I during the second quarter for a value of approximately $325,000. Bank of Montreal Can increased its stake in Social Leverage Acquisition Corp I by 3.9% during the fourth quarter. Bank of Montreal Can now owns 661,235 shares of the company worth $6,460,000 after acquiring an additional 24,727 shares in the last quarter. Finally, GAM Holding AG purchased a new stake in Social Leverage Acquisition Corp I during the fourth quarter at a value of approximately $206,000. 55.76% of the shares are currently held by hedge funds and other institutional investors.

Social Leverage Acquisition Corp I Company Profile

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Social Leverage Acquisition Corp I has no significant activities. It focuses on completing a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or several companies in the fintech, enterprise software and consumer technology industries.

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