Global Technology Acquisition Corp. I (NASDAQ:GTAC) Shares Up 0.1%

Global Technology Acquisition Corp. I (NASDAQ:GTAC) shares were up 0.1% during trading on Thursday . The company traded as high as $11.55 and last traded at $11.55. Approximately 82 shares traded hands during trading, a decline of 99% from the average daily volume of 14,043 shares. The stock had previously closed at $11.54.

Global Technology Acquisition Corp. I Price Performance

The company has a fifty day moving average price of $11.40 and a two-hundred day moving average price of $11.27.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Global Technology Acquisition Corp. I stock. Maverick Capital Ltd. bought a new stake in Global Technology Acquisition Corp. I (NASDAQ:GTAC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,200,000 shares of the company’s stock, valued at approximately $13,548,000. Maverick Capital Ltd. owned 16.93% of Global Technology Acquisition Corp. I at the end of the most recent reporting period. Hedge funds and other institutional investors own 18.83% of the company’s stock.

About Global Technology Acquisition Corp. I

Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify a business combination target within marketplaces, FinTech, and SaaS companies in Europe, Latam, and the United States.