Qell Acquisition Corp. (NASDAQ:QELL) Stock Holdings Lowered by Hound Partners LLC

Hound Partners LLC reduced its holdings in Qell Acquisition Corp. (NASDAQ:QELL) by 45.5% during the first quarter, Holdings Channel reports. The firm owned 150,000 shares of the company’s stock after selling 125,000 shares during the period. Hound Partners LLC’s holdings in Qell Acquisition were worth $1,527,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in QELL. EJF Capital LLC bought a new stake in shares of Qell Acquisition in the 1st quarter worth approximately $153,000. Credit Suisse AG bought a new stake in shares of Qell Acquisition in the 4th quarter worth approximately $184,000. Walleye Trading LLC bought a new stake in shares of Qell Acquisition in the 4th quarter worth approximately $264,000. Easterly Investment Partners LLC bought a new stake in shares of Qell Acquisition in the 1st quarter worth approximately $305,000. Finally, Marathon Trading Investment Management LLC bought a new stake in shares of Qell Acquisition in the 1st quarter worth approximately $335,000. Institutional investors and hedge funds own 40.90% of the company’s stock.

Shares of NASDAQ QELL traded down $0.01 during midday trading on Thursday, reaching $9.96. The company’s stock had a trading volume of 1,691 shares, compared to its average volume of 253,211. The stock has a 50 day moving average price of $9.93. Qell Acquisition Corp. has a one year low of $9.76 and a one year high of $15.53.

About Qell Acquisition

Qell 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. The company was founded in in 2020 and is based in San Francisco, California.

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Institutional Ownership by Quarter for Qell Acquisition (NASDAQ:QELL)

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