Coliseum Acquisition (NASDAQ:MITAU) Trading Up 0.4% – Should You Buy?

Coliseum Acquisition Corp. (NASDAQ:MITAU) shares rose 0.4% during trading on Wednesday . The company traded as high as $11.10 and last traded at $11.10. Approximately 100 shares were traded during trading, a decline of 95% from the average daily volume of 1,859 shares. The stock had previously closed at $11.06.

Coliseum Acquisition Stock Performance

The firm’s 50-day simple moving average is $11.09 and its 200 day simple moving average is $10.96.

Institutional Investors Weigh In On Coliseum Acquisition

An institutional investor recently raised its position in Coliseum Acquisition stock. Clear Street LLC raised its stake in shares of Coliseum Acquisition Corp. (NASDAQ:MITAU) by 11,913.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.

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.