Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA) Stock Price Up 0.3% – What’s Next?

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA) shot up 0.3% on Monday . The company traded as high as $11.60 and last traded at $11.58. 4,200 shares changed hands during trading, a decline of 80% from the average session volume of 20,633 shares. The stock had previously closed at $11.55.

Blockchain Coinvestors Acquisition Corp. I Price Performance

The firm’s fifty day moving average is $11.46 and its two-hundred day moving average is $11.28.

Institutional Trading of Blockchain Coinvestors Acquisition Corp. I

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Clear Street LLC increased its stake in shares of Blockchain Coinvestors Acquisition Corp. I by 69.2% during the second quarter. Clear Street LLC now owns 54,999 shares of the company’s stock valued at $615,000 after acquiring an additional 22,492 shares during the period. Quarry LP acquired a new stake in Blockchain Coinvestors Acquisition Corp. I in the second quarter worth approximately $833,000. Finally, Berkley W R Corp boosted its stake in Blockchain Coinvestors Acquisition Corp. I by 249.5% during the 3rd quarter. Berkley W R Corp now owns 243,795 shares of the company’s stock valued at $2,794,000 after purchasing an additional 174,038 shares in the last quarter. 14.47% of the stock is currently owned by institutional investors.

Blockchain Coinvestors Acquisition Corp. I Company Profile

Blockchain Coinvestors Acquisition Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the financial services, technology, and other sectors of the economy that are being enabled by emerging applications of blockchain.