Virtu Financial LLC Acquires Shares of 24,531 Armada Acquisition Corp. I (NASDAQ:AACI)

Virtu Financial LLC bought a new position in Armada Acquisition Corp. I (NASDAQ:AACI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 24,531 shares of the company’s stock, valued at approximately $264,000. Virtu Financial LLC owned approximately 0.30% of Armada Acquisition Corp. I at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Cowen AND Company LLC grew its position in shares of Armada Acquisition Corp. I by 183.9% in the 4th quarter. Cowen AND Company LLC now owns 91,230 shares of the company’s stock worth $983,000 after acquiring an additional 59,090 shares in the last quarter. Mizuho Securities USA LLC grew its position in shares of Armada Acquisition Corp. I by 57.1% in the 4th quarter. Mizuho Securities USA LLC now owns 275,058 shares of the company’s stock worth $2,943,000 after acquiring an additional 100,000 shares in the last quarter. Finally, Clear Street LLC grew its position in shares of Armada Acquisition Corp. I by 17,155.9% in the 4th quarter. Clear Street LLC now owns 110,610 shares of the company’s stock worth $1,191,000 after acquiring an additional 109,969 shares in the last quarter. Institutional investors and hedge funds own 27.96% of the company’s stock.

Armada Acquisition Corp. I Trading Down 0.3 %

Shares of AACI opened at $11.42 on Friday. The stock has a 50 day moving average of $11.47 and a 200-day moving average of $11.13. Armada Acquisition Corp. I has a 52 week low of $10.24 and a 52 week high of $12.53.

Armada Acquisition Corp. I Company Profile

Armada Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses in the financial technology industry. The company was incorporated in 2020 and is based in Philadelphia, Pennsylvania.