Moore Capital Management LP Takes Position in Translational Development Acquisition Corp. (NASDAQ:TDACU)

Moore Capital Management LP purchased a new position in Translational Development Acquisition Corp. (NASDAQ:TDACU) during the 4th quarter, Holdings Channel.com reports. The firm purchased 100,000 shares of the company’s stock, valued at approximately $1,844,000.

Several other large investors also recently bought and sold shares of the business. Tuttle Capital Management LLC bought a new stake in Translational Development Acquisition in the fourth quarter worth $461,000. Parallax Volatility Advisers L.P. bought a new position in Translational Development Acquisition during the fourth quarter valued at $929,000. Wealthspring Capital LLC bought a new stake in shares of Translational Development Acquisition in the 4th quarter worth about $1,095,000. Yakira Capital Management Inc. bought a new stake in shares of Translational Development Acquisition in the 4th quarter worth about $1,106,000. Finally, Warberg Asset Management LLC bought a new stake in shares of Translational Development Acquisition in the 4th quarter worth about $1,373,000.

Translational Development Acquisition Stock Performance

Shares of NASDAQ:TDACU opened at $10.22 on Tuesday. Translational Development Acquisition Corp. has a 12 month low of $10.00 and a 12 month high of $10.30. The firm’s 50-day moving average price is $10.18.

Translational Development Acquisition Company Profile

Trident Acquisitions Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses primarily in the oil and gas or other natural resource sector.