CSLM Acquisition (NASDAQ:CSLM) trades 0.1% higher

CSLM Acquisition Corp. (NASDAQ:CSLM – Get Free Report) shares rose 0.1% during midday trading on Friday. The company traded at $11.27 and last traded at $11.25. During the session, 114 shares changed hands, a decrease of 100% compared to its average session volume of 49,396 shares. The stock had previously closed at $11.24.

Results of the CSLM takeover

The stock has a 50-day moving average of $11.18 and a 200-day moving average of $11.05.

Institutional inflows and outflows

Several institutional investors have recently added to or reduced their holdings in CSLM. Walleye Capital LLC purchased a new stake in CSLM Acquisition shares in the third quarter worth $2,110,000. Berkley WR Corp acquired a new stake in CSLM Acquisition shares in the fourth quarter worth $3,329,000. Walleye Trading LLC acquired a new stake in CSLM Acquisition shares in the third quarter worth $886,000. Mizuho Securities USA LLC increased its holdings in CSLM Acquisition shares by 2.5% in the fourth quarter. Mizuho Securities USA LLC now owns 319,115 shares of the company’s stock worth $3,472,000 after purchasing an additional 7,657 shares during the period. Finally, Wolverine Asset Management LLC increased its holdings in CSLM Acquisition shares by 7.6% in the fourth quarter. Wolverine Asset Management LLC now owns 233,229 shares of the company’s stock valued at $2,540,000 after purchasing an additional 16,394 shares during the period. Institutional investors and hedge funds own 46.80% of the company’s stock.

Profile of the company taking over CSLM

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CSLM Acquisition Corp. has no significant operations. The Company is focused on pursuing mergers, stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more companies or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.

Results of the CSLM takeover

Institutional inflows and outflows

Profile of the company taking over CSLM

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