Compass Digital Acquisition Corp. (NASDAQ:CDAQ) Shares Sold by Centiva Capital LP

Centiva Capital LP reduced its position in shares of Compass Digital Acquisition Corp. (NASDAQ:CDAQ) by 40.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 300,000 shares of the company’s stock after selling 200,000 shares during the period. Centiva Capital LP owned 3.85% of Compass Digital Acquisition worth $3,255,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CDAQ. Tidal Investments LLC acquired a new position in shares of Compass Digital Acquisition in the 1st quarter valued at $249,000. Clear Street LLC raised its holdings in Compass Digital Acquisition by 15,411.0% in the 2nd quarter. Clear Street LLC now owns 45,292 shares of the company’s stock valued at $493,000 after buying an additional 45,000 shares during the period. Wolverine Asset Management LLC acquired a new position in Compass Digital Acquisition in the second quarter valued at about $504,000. ATW Spac Management LLC purchased a new position in Compass Digital Acquisition during the third quarter worth about $542,000. Finally, K2 Principal Fund L.P. acquired a new stake in shares of Compass Digital Acquisition during the second quarter valued at about $572,000. 77.38% of the stock is currently owned by institutional investors and hedge funds.

Compass Digital Acquisition Price Performance

Compass Digital Acquisition stock opened at $10.74 on Monday. The company’s 50 day simple moving average is $10.78 and its 200-day simple moving average is $10.83. Compass Digital Acquisition Corp. has a 1 year low of $10.49 and a 1 year high of $12.50.

Compass Digital Acquisition Company Profile

Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.