Renatus Tactical Acquisition Corp I (NASDAQ:RTACU – Get Free Report) shares dropped 0.6% on Thursday . The company traded as low as $10.80 and last traded at $10.88. Approximately 2,313 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 8,395 shares. The stock had previously closed at $10.95.
Renatus Tactical Acquisition Corp I Stock Performance
The firm’s 50 day moving average price is $11.10 and its two-hundred day moving average price is $11.33.
Institutional Investors Weigh In On Renatus Tactical Acquisition Corp I
A number of institutional investors have recently made changes to their positions in RTACU. Levin Capital Strategies L.P. acquired a new stake in shares of Renatus Tactical Acquisition Corp I during the 2nd quarter worth $359,000. PNC Financial Services Group Inc. bought a new stake in Renatus Tactical Acquisition Corp I during the 2nd quarter worth approximately $955,000. Alberta Investment Management Corp acquired a new stake in Renatus Tactical Acquisition Corp I in the second quarter valued at $3,182,000. JPMorgan Chase & Co. bought a new position in shares of Renatus Tactical Acquisition Corp I during the second quarter worth about $499,000. Finally, RK Capital Management LLC FL acquired a new position in shares of Renatus Tactical Acquisition Corp I in the 2nd quarter worth approximately $9,866,000.
Renatus Tactical Acquisition Corp I Company Profile
Renatus Tactical Acquisition Corp I is a special purpose acquisition company (SPAC) organized to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Incorporated in Delaware, the company carries no ongoing operations of its own but is formed to identify and consummate a transaction with one or more businesses.
In March 2021, Renatus Tactical Acquisition Corp I completed its initial public offering of units, each consisting of one share of common stock and a fraction of a warrant, and began trading on the Nasdaq under the ticker symbol RTACU.
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