Flow Traders U.S. LLC Reduces Stock Holdings in Canna-Global Acquisition Corp (NASDAQ:CNGL)

Flow Traders U.S. LLC cut its position in shares of Canna-Global Acquisition Corp (NASDAQ:CNGL) by 36.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,667 shares of the company’s stock after selling 41,353 shares during the period. Flow Traders U.S. LLC’s holdings in Canna-Global Acquisition were worth $799,000 at the end of the most recent quarter.

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

Canna-Global Acquisition Stock Down 2.6 %

Shares of NASDAQ CNGL opened at $10.71 on Wednesday. The stock has a fifty day simple moving average of $10.96 and a 200-day simple moving average of $10.95. Canna-Global Acquisition Corp has a twelve month low of $9.90 and a twelve month high of $11.99.

About Canna-Global Acquisition

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.