Coliseum Acquisition (NASDAQ:MITAU) Shares Up 4.2% – Here’s What Happened

Coliseum Acquisition Corp. (NASDAQ:MITAU)’s share price was up 4.2% during trading on Monday . The company traded as high as $12.89 and last traded at $12.40. Approximately 15,842 shares changed hands during trading, an increase of 563% from the average daily volume of 2,390 shares. The stock had previously closed at $11.90.

Coliseum Acquisition Price Performance

The business has a fifty day simple moving average of $11.11 and a two-hundred day simple moving average of $11.04.

Institutional Trading of Coliseum Acquisition

A hedge fund recently raised its stake in Coliseum Acquisition stock. Clear Street LLC grew its stake in Coliseum Acquisition Corp. (NASDAQ:MITAU) by 11,913.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,484 shares of the company’s stock after buying an additional 3,455 shares during the quarter. Clear Street LLC’s holdings in Coliseum Acquisition were worth $38,000 as of its most recent SEC filing.

About Coliseum Acquisition

Coliseum Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Coliseum Acquisition Corp. was incorporated in 2021 and is based in New York, New York.