On Monday, Americas Technology Acquisition Corp. (NYSEARCA:ATA) saw its shares rise above its 200-day moving average, trading at $10.59. The stock’s 50-day moving average is also $10.59. The trading volume was at 200 shares.
In the first quarter, Glazer Capital LLC increased its stake in Americas Technology Acquisition Corp. by 458.1%. They now own about 4.48% of the company’s stock, worth $6,673,000. Institutional investors and hedge funds own a combined total of 55.60% of the stock in the company.
Americas Technology Acquisition Corp., founded in 2020 and headquartered in Dallas, Texas, has no significant operations in the technology sector as it focuses on acquiring assets and businesses through mergers, share exchanges or other similar transactions. To stay updated on their latest news and analyst ratings sign up for their email newsletter on MarketBeat.com
