Quarry LP Invests $261,000 in Canna-Global Acquisition Corp (NASDAQ:CNGL)

Quarry LP bought a new position in shares of Canna-Global Acquisition Corp (NASDAQ:CNGL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,000 shares of the company’s stock, valued at approximately $261,000. Quarry LP owned about 0.38% of Canna-Global Acquisition at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. K2 Principal Fund L.P. purchased a new position in shares of Canna-Global Acquisition during the 2nd quarter valued at about $341,000. Warberg Asset Management LLC purchased a new position in Canna-Global Acquisition during the second quarter valued at approximately $776,000. SkyView Investment Advisors LLC acquired a new position in Canna-Global Acquisition in the first quarter valued at approximately $787,000. Clear Street LLC boosted its position in Canna-Global Acquisition by 553.7% in the 2nd quarter. Clear Street LLC now owns 150,000 shares of the company’s stock worth $1,565,000 after purchasing an additional 127,053 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its position in Canna-Global Acquisition by 15.6% in the 2nd quarter. Wolverine Asset Management LLC now owns 174,843 shares of the company’s stock worth $1,824,000 after purchasing an additional 23,546 shares in the last quarter. 19.55% of the stock is currently owned by institutional investors and hedge funds.

Canna-Global Acquisition Stock Up 8.3 %

NASDAQ:CNGL opened at $11.00 on Monday. The company has a 50 day moving average price of $10.82 and a 200-day moving average price of $11.00. Canna-Global Acquisition Corp has a 1-year low of $9.90 and a 1-year high of $11.99.

About Canna-Global Acquisition

Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to focus its search of target business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.