Canna-Global Acquisition Corp (NASDAQ:CNGL) Shares Sold by Flow Traders U.S. LLC

Flow Traders U.S. LLC decreased its holdings in Canna-Global Acquisition Corp (NASDAQ:CNGL) by 36.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,667 shares of the company’s stock after selling 41,353 shares during the quarter. Flow Traders U.S. LLC owned about 1.10% of Canna-Global Acquisition worth $799,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Quarry LP purchased a new position in shares of Canna-Global Acquisition in the second quarter worth $261,000. K2 Principal Fund L.P. acquired a new stake in Canna-Global Acquisition during the 2nd quarter worth about $341,000. Warberg Asset Management LLC purchased a new stake in Canna-Global Acquisition during the 2nd quarter valued at about $776,000. Clear Street LLC increased its holdings in shares of Canna-Global Acquisition by 553.7% in the second quarter. Clear Street LLC now owns 150,000 shares of the company’s stock valued at $1,565,000 after purchasing an additional 127,053 shares during the period. Finally, Wolverine Asset Management LLC raised its stake in shares of Canna-Global Acquisition by 15.6% in the second quarter. Wolverine Asset Management LLC now owns 174,843 shares of the company’s stock worth $1,824,000 after purchasing an additional 23,546 shares during the last quarter. 19.55% of the stock is currently owned by hedge funds and other institutional investors.

Canna-Global Acquisition Stock Down 2.6 %

CNGL stock opened at $10.71 on Wednesday. The firm’s fifty day simple moving average is $10.96 and its 200-day simple moving average is $10.95. Canna-Global Acquisition Corp has a 12 month low of $9.90 and a 12 month high of $11.99.

Canna-Global Acquisition Profile

Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to focus its search of target business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.