Castle Creek Arbitrage LLC Takes $8.72 Million Position in Carney Technology Acquisition Corp. II (NASDAQ:CTAQ)

Castle Creek Arbitrage LLC acquired a new stake in Carney Technology Acquisition Corp. II (NASDAQ:CTAQ) in the first quarter, Holdings Channel.com reports. The fund acquired 899,895 shares of the company’s stock, valued at approximately $8,720,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Aristeia Capital LLC acquired a new stake in shares of Carney Technology Acquisition Corp. II in the first quarter valued at $21,151,000. Fir Tree Capital Management LP acquired a new stake in shares of Carney Technology Acquisition Corp. II in the first quarter valued at $14,535,000. Citadel Advisors LLC acquired a new stake in shares of Carney Technology Acquisition Corp. II in the first quarter valued at $14,245,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Carney Technology Acquisition Corp. II in the first quarter valued at $12,112,000. Finally, Alyeska Investment Group L.P. acquired a new stake in shares of Carney Technology Acquisition Corp. II in the first quarter valued at $10,190,000. 50.22% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ CTAQ traded down $0.01 during trading on Thursday, reaching $9.71. The stock had a trading volume of 517 shares, compared to its average volume of 74,407. Carney Technology Acquisition Corp. II has a fifty-two week low of $9.60 and a fifty-two week high of $15.00. The stock has a 50-day moving average price of $9.72.

About Carney Technology Acquisition Corp. II

Carney Technology Acquisition Corp. II 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 in the technology industry. The company was incorporated in 2020 and is based in Burlingame, California.

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Institutional Ownership by Quarter for Carney Technology Acquisition Corp. II (NASDAQ:CTAQ)

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