Revelstone Capital Acquisition (NASDAQ:RCAC) Stock Price Down 0.3%

Revelstone Capital Acquisition Corp. (NASDAQ:RCAC)’s stock price traded down 0.3% during mid-day trading on Friday . The company traded as low as $10.65 and last traded at $10.65. 100 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 26,905 shares. The stock had previously closed at $10.68.

Revelstone Capital Acquisition Price Performance

The business has a 50 day moving average price of $10.67 and a 200-day moving average price of $10.32.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Atalaya Capital Management LP acquired a new position in shares of Revelstone Capital Acquisition in the 3rd quarter valued at about $486,000. Warberg Asset Management LLC acquired a new position in shares of Revelstone Capital Acquisition in the 3rd quarter valued at about $191,000. Quarry LP acquired a new position in shares of Revelstone Capital Acquisition in the 4th quarter valued at about $632,000. Governors Lane LP acquired a new position in Revelstone Capital Acquisition during the 4th quarter worth approximately $464,000. Finally, Clear Street LLC raised its stake in Revelstone Capital Acquisition by 11,158.6% during the 4th quarter. Clear Street LLC now owns 54,717 shares of the company’s stock worth $301,000 after buying an additional 54,231 shares during the period. 10.39% of the stock is owned by institutional investors and hedge funds.

About Revelstone Capital Acquisition

Revelstone Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the consumer, media, and/or technology markets. Revelstone Capital Acquisition Corp.