Alussa Energy Acquisition Corp. (NYSE:ALUS) was the recipient of unusually large options trading on Monday. Stock traders acquired 2,646 call options on the company. This represents an increase of 922% compared to the typical volume of 259 call options.
Alussa Energy Acquisition stock opened at $10.07 on Wednesday. The stock has a market cap of $361.89 million, a PE ratio of -3.32 and a beta of -0.02. Alussa Energy Acquisition has a 12 month low of $9.69 and a 12 month high of $15.28. The firm’s fifty day moving average is $10.00.
Several large investors have recently made changes to their positions in ALUS. Rockefeller Capital Management L.P. bought a new stake in Alussa Energy Acquisition during the first quarter worth $50,000. Citadel Advisors LLC bought a new stake in shares of Alussa Energy Acquisition during the 1st quarter worth $58,000. Valeo Financial Advisors LLC acquired a new stake in Alussa Energy Acquisition in the first quarter valued at about $60,000. One68 Global Capital LLC bought a new position in Alussa Energy Acquisition in the fourth quarter valued at about $101,000. Finally, Avidian Wealth Solutions LLC acquired a new position in Alussa Energy Acquisition during the first quarter worth about $108,000. 50.63% of the stock is currently owned by institutional investors.
Alussa Energy Acquisition Company Profile
Alussa Energy Acquisition Corp. does not have significant operations. It intends to focus on the production, operation, and development of crude oil and natural gas wells and related infrastructure. The company was incorporated in 2019 and is based in Grand Cayman, the Cayman Islands.
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