Slam (OTCMKTS:SLAMU) Trading Up 0.3%

Shares of Slam Corp. (OTCMKTS:SLAMU) shot up 0.3% during mid-day trading on Tuesday . The company traded as high as $11.03 and last traded at $11.03. 1,000 shares traded hands during mid-day trading, an increase of 35% from the average session volume of 743 shares. The stock had previously closed at $11.00.

Slam Price Performance

The business has a fifty day moving average of $10.97 and a 200-day moving average of $10.91.

Hedge Funds Weigh In On Slam

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SLAMU. Susquehanna International Group LLP lifted its holdings in shares of Slam by 37.1% in the fourth quarter. Susquehanna International Group LLP now owns 48,896 shares of the company’s stock valued at $494,000 after purchasing an additional 13,220 shares in the last quarter. Jane Street Group LLC boosted its position in Slam by 6.2% during the third quarter. Jane Street Group LLC now owns 224,360 shares of the company’s stock valued at $2,223,000 after purchasing an additional 13,137 shares during the last quarter. UBS Group AG boosted its position in Slam by 5.3% during the second quarter. UBS Group AG now owns 21,753 shares of the company’s stock valued at $215,000 after purchasing an additional 1,089 shares during the last quarter. Finally, Ancora Advisors LLC boosted its position in Slam by 117.5% during the first quarter. Ancora Advisors LLC now owns 7,300 shares of the company’s stock valued at $72,000 after purchasing an additional 3,944 shares during the last quarter.

Slam Company Profile

Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. Slam Corp. was incorporated in 2020 and is based in New York, New York.