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2023-01-18 23:11
Clear Street LLC reduced its stake in shares of Broad Capital Acquisition Corp. (NASDAQ:BRACU – Get Rating) by 85.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,586 shares of the company's stock after selling 14,723 shares during the quarter. Clear Street LLC's holdings in Broad Capital Acquisition were worth $26,000 at the end of the most recent reporting period.
Separately, Rivernorth Capital Management LLC bought a new stake in shares of Broad Capital Acquisition during the 1st quarter worth about $3,497,000.
Get Broad Capital Acquisition alerts:Broad Capital Acquisition stock opened at $10.43 on Wednesday. Broad Capital Acquisition Corp. has a 12-month low of $9.91 and a 12-month high of $12.36. The firm has a 50 day simple moving average of $10.19 and a 200-day simple moving average of $10.12.
Broad Capital Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on businesses in the general aviation and aerospace industry, and the unmanned aircraft systems and advanced air mobility industries in the United States and internationally.
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