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2023-03-12 18:13
Parallax Volatility Advisers L.P. grew its position in shares of Cascadia Acquisition Corp. (NASDAQ:CCAI – Get Rating) by 71.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 77,680 shares of the company's stock after purchasing an additional 32,351 shares during the quarter. Parallax Volatility Advisers L.P.'s holdings in Cascadia Acquisition were worth $765,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in CCAI. Polar Asset Management Partners Inc. increased its position in shares of Cascadia Acquisition by 7.5% during the third quarter. Polar Asset Management Partners Inc. now owns 1,435,000 shares of the company's stock worth $14,106,000 after buying an additional 100,000 shares during the period. HGC Investment Management Inc. acquired a new stake in Cascadia Acquisition during the 2nd quarter worth about $4,890,000. Calamos Advisors LLC bought a new position in shares of Cascadia Acquisition in the 3rd quarter worth about $2,955,000. Barclays PLC raised its position in shares of Cascadia Acquisition by 12.2% in the 3rd quarter. Barclays PLC now owns 264,116 shares of the company's stock worth $2,602,000 after acquiring an additional 28,773 shares in the last quarter. Finally, Cubist Systematic Strategies LLC lifted its stake in shares of Cascadia Acquisition by 39.5% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 261,744 shares of the company's stock valued at $2,573,000 after purchasing an additional 74,118 shares during the period. Institutional investors own 74.51% of the company's stock.
Get Cascadia Acquisition alerts:NASDAQ CCAI opened at $10.44 on Friday. The business has a 50 day simple moving average of $10.23 and a 200 day simple moving average of $10.02. Cascadia Acquisition Corp. has a one year low of $9.72 and a one year high of $14.00.
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Cascadia Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Seattle, Washington.
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